YEARLY HIGH
0.0105 BWP
YEARLY LOW
0.0094 BWP
YEARLY AVERAGE
0.0099 BWP

2024 KRW to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0105. Conversely, the yearly low was recorded on December 18, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0011 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0095, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0105 was down 0.93% compared to the 2023 peak of 0.0106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,484 BWP
2023 Average 51,130 BWP
Yearly Trough Low 46,959 BWP
Transaction Impact: A difference of 5,524.47 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0104
0.0094
JanuMarcMayJulySeptNove

KRW 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 0.0101, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 BWP (High: 0.0103 / Low: 0.0099). On the other end, July was the most stable month, with a tight range of 0.0001 BWP (High: 0.0099 / Low: 0.0097).

May Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0103) against the same month in 2023 (average: 0.0103), the exchange rate shifted by -0.0000 (-0.29%).

2024 Avg (January) 0.0103
2023 Avg (January) 0.0103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0102 0.0103
February 0.0104 0.0101 0.0103
March 0.0103 0.0102 0.0103
April 0.0102 0.0099 0.0100
May 0.0103 0.0099 0.0100
June 0.0101 0.0097 0.0099
July 0.0099 0.0097 0.0098
August 0.0101 0.0098 0.0099
September 0.0100 0.0098 0.0100
October 0.0099 0.0096 0.0098
November 0.0098 0.0095 0.0097
December 0.0097 0.0094 0.0095