2024 LKR to BWP Historical Review

YEARLY HIGH

0.0479 BWP

YEARLY LOW

0.0414 BWP

YEARLY AVERAGE

0.0450 BWP

2024 LKR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0479. Conversely, the yearly low was recorded on January 1, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0065 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0423 to the December average rate of 0.0470, the exchange rate registered a net change of 11.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0479 was up 1.24% compared to the 2023 peak of 0.0473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239 BWP

2023 Average 204 BWP

Yearly Trough Low 207 BWP

Transaction Impact: A difference of 32.42 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0475

0.0418

JanuMarcMayJulySeptNove

LKR 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 0.0445, compared to 0.0454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0445

H2 Avg (Jul–Dec) 0.0454

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0027 BWP (High: 0.0476 / Low: 0.0449). On the other end, July was the most stable month, with a tight range of 0.0007 BWP (High: 0.0449 / Low: 0.0442).

May Spread (Volatile) ±0.0027

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0460) against the same month in 2023 (average: 0.0408), the exchange rate shifted by +0.0052 (+12.82%).

2024 Avg (April) 0.0460

2023 Avg (April) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0431	0.0414	0.0423
February	0.0445	0.0431	0.0439
March	0.0458	0.0441	0.0448
April	0.0479	0.0454	0.0460
May	0.0476	0.0449	0.0455
June	0.0456	0.0441	0.0448
July	0.0449	0.0442	0.0446
August	0.0453	0.0441	0.0447
September	0.0448	0.0432	0.0440
October	0.0457	0.0442	0.0454
November	0.0470	0.0453	0.0464
December	0.0476	0.0465	0.0470