YEARLY HIGH
0.9473 BWP
YEARLY LOW
0.8478 BWP
YEARLY AVERAGE
0.8803 BWP

2024 MVR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.9473. Conversely, the yearly low was recorded on September 30, dropping to 0.8478.

This high-to-low spread represents a total annual volatility of 0.0995 BWP. From a start-to-finish perspective, comparing the January average rate of 0.8818 to the December average rate of 0.8902, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9473 was up 5.12% compared to the 2023 peak of 0.9012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,737 BWP
2023 Average 4,344 BWP
Yearly Trough Low 4,239 BWP
Transaction Impact: A difference of 497.30 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8933
0.8596
JanuMarcMayJulySeptNove

MVR 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 0.8858, compared to 0.8748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.8858
H2 Avg (Jul–Dec) 0.8748

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0754 BWP (High: 0.9473 / Low: 0.8719). On the other end, February was the most stable month, with a tight range of 0.0185 BWP (High: 0.8980 / Low: 0.8795).

May Spread (Volatile) ±0.0754
February Spread (Stable) ±0.0185

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 August and September, when the average rate fell by 0.0098 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.8821) against the same month in 2023 (average: 0.8778), the exchange rate shifted by +0.0043 (+0.49%).

2024 Avg (May) 0.8821
2023 Avg (May) 0.8778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8905 0.8681 0.8818
February 0.8980 0.8795 0.8904
March 0.8941 0.8723 0.8852
April 0.9185 0.8776 0.8899
May 0.9473 0.8719 0.8821
June 0.8984 0.8743 0.8852
July 0.8883 0.8692 0.8800
August 0.8860 0.8619 0.8722
September 0.8737 0.8478 0.8624
October 0.8746 0.8492 0.8670
November 0.8884 0.8614 0.8773
December 0.9070 0.8775 0.8902