YEARLY HIGH
0.0764 BWP
YEARLY LOW
0.0661 BWP
YEARLY AVERAGE
0.0709 BWP

2024 LRD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0764. Conversely, the yearly low was recorded on September 22, dropping to 0.0661.

This high-to-low spread represents a total annual volatility of 0.0103 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0718 to the December average rate of 0.0760, the exchange rate registered a net change of 5.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0764 was down 11.74% compared to the 2023 peak of 0.0866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 382 BWP
2023 Average 384 BWP
Yearly Trough Low 330 BWP
Transaction Impact: A difference of 51.63 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0768
0.0669
JanuMarcMayJulySeptNove

LRD 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 0.0711, compared to 0.0707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0711
H2 Avg (Jul–Dec) 0.0707

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0069 BWP (High: 0.0763 / Low: 0.0694). On the other end, February was the most stable month, with a tight range of 0.0011 BWP (High: 0.0724 / Low: 0.0713).

November Spread (Volatile) ±0.0069
February Spread (Stable) ±0.0011

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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0760) against the same month in 2023 (average: 0.0718), the exchange rate shifted by +0.0042 (+5.85%).

2024 Avg (December) 0.0760
2023 Avg (December) 0.0718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0724 0.0709 0.0718
February 0.0724 0.0713 0.0720
March 0.0718 0.0704 0.0710
April 0.0735 0.0702 0.0713
May 0.0734 0.0697 0.0703
June 0.0711 0.0694 0.0702
July 0.0703 0.0689 0.0695
August 0.0696 0.0679 0.0686
September 0.0688 0.0661 0.0677
October 0.0699 0.0673 0.0691
November 0.0763 0.0694 0.0733
December 0.0764 0.0752 0.0760