2024 HNL to BWP Historical Review

YEARLY HIGH

0.5734 BWP

YEARLY LOW

0.5235 BWP

YEARLY AVERAGE

0.5454 BWP

2024 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.5734. Conversely, the yearly low was recorded on September 30, dropping to 0.5235.

This high-to-low spread represents a total annual volatility of 0.0499 BWP. From a start-to-finish perspective, comparing the January average rate of 0.5501 to the December average rate of 0.5411, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5734 was up 2.10% compared to the 2023 peak of 0.5616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,867 BWP

2023 Average 2,708 BWP

Yearly Trough Low 2,618 BWP

Transaction Impact: A difference of 249.34 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5591

0.5296

JanuMarcMayJulySeptNove

HNL 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 0.5523, compared to 0.5386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.5523

H2 Avg (Jul–Dec) 0.5386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0288 BWP (High: 0.5734 / Low: 0.5446). On the other end, July was the most stable month, with a tight range of 0.0086 BWP (High: 0.5519 / Low: 0.5433).

May Spread (Volatile) ±0.0288

July Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.5499) against the same month in 2023 (average: 0.5470), the exchange rate shifted by +0.0030 (+0.54%).

2024 Avg (May) 0.5499

2023 Avg (May) 0.5470

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5552	0.5400	0.5501
February	0.5589	0.5479	0.5545
March	0.5571	0.5472	0.5526
April	0.5725	0.5486	0.5566
May	0.5734	0.5446	0.5499
June	0.5566	0.5400	0.5497
July	0.5519	0.5433	0.5469
August	0.5484	0.5338	0.5411
September	0.5403	0.5235	0.5332
October	0.5357	0.5242	0.5321
November	0.5473	0.5257	0.5375
December	0.5497	0.5325	0.5411