2024 ISK to BWP Historical Review

YEARLY HIGH

0.1015 BWP

YEARLY LOW

0.0956 BWP

YEARLY AVERAGE

0.0983 BWP

2024 ISK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1015. Conversely, the yearly low was recorded on November 8, dropping to 0.0956.

This high-to-low spread represents a total annual volatility of 0.0059 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0992 to the December average rate of 0.0989, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1015 was down 1.82% compared to the 2023 peak of 0.1034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 508 BWP

2023 Average 485 BWP

Yearly Trough Low 478 BWP

Transaction Impact: A difference of 29.37 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0999

0.0964

JanuMarcMayJulySeptNove

ISK 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 0.0988, compared to 0.0978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0988

H2 Avg (Jul–Dec) 0.0978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0043 BWP (High: 0.1010 / Low: 0.0967). On the other end, September was the most stable month, with a tight range of 0.0017 BWP (High: 0.0976 / Low: 0.0959).

April Spread (Volatile) ±0.0043

September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0980) against the same month in 2023 (average: 0.0973), the exchange rate shifted by +0.0007 (+0.75%).

2024 Avg (May) 0.0980

2023 Avg (May) 0.0973

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1011	0.0970	0.0992
February	0.1004	0.0984	0.0995
March	0.1009	0.0984	0.0996
April	0.1010	0.0967	0.0980
May	0.1015	0.0972	0.0980
June	0.1001	0.0965	0.0982
July	0.0990	0.0972	0.0984
August	0.0989	0.0958	0.0974
September	0.0976	0.0959	0.0967
October	0.0981	0.0963	0.0973
November	0.0998	0.0956	0.0981
December	0.1007	0.0969	0.0989