2024 GMD to BWP Historical Review

YEARLY HIGH

0.2096 BWP

YEARLY LOW

0.1856 BWP

YEARLY AVERAGE

0.1971 BWP

2024 GMD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.2096. Conversely, the yearly low was recorded on November 8, dropping to 0.1856.

This high-to-low spread represents a total annual volatility of 0.0241 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2018 to the December average rate of 0.1910, the exchange rate registered a net change of -5.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2096 was down 9.42% compared to the 2023 peak of 0.2315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 1,048 BWP

2023 Average 1,074 BWP

Yearly Trough Low 928 BWP

Transaction Impact: A difference of 120.27 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2040

0.1891

JanuMarcMayJulySeptNove

GMD to BWP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2017, compared to 0.1926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.2017

H2 Avg (Jul–Dec) 0.1926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0111 BWP (High: 0.2096 / Low: 0.1985). On the other end, March was the most stable month, with a tight range of 0.0035 BWP (High: 0.2027 / Low: 0.1992).

May Spread (Volatile) ±0.0111

March Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0076 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2007) against the same month in 2023 (average: 0.2254), the exchange rate shifted by -0.0246 (-10.93%).

2024 Avg (May) 0.2007

2023 Avg (May) 0.2254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2036	0.1988	0.2018
February	0.2050	0.2009	0.2028
March	0.2027	0.1992	0.2011
April	0.2095	0.1997	0.2025
May	0.2096	0.1985	0.2007
June	0.2041	0.1987	0.2011
July	0.2019	0.1946	0.1997
August	0.1962	0.1872	0.1921
September	0.1937	0.1860	0.1904
October	0.1964	0.1869	0.1922
November	0.1933	0.1856	0.1903
December	0.1940	0.1877	0.1910