YEARLY HIGH
0.2465 BWP
YEARLY LOW
0.2270 BWP
YEARLY AVERAGE
0.2367 BWP

2024 PHP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.2465. Conversely, the yearly low was recorded on November 8, dropping to 0.2270.

This high-to-low spread represents a total annual volatility of 0.0195 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2427 to the December average rate of 0.2348, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2465 was down 0.26% compared to the 2023 peak of 0.2472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 61,637 BWP
2023 Average 60,032 BWP
Yearly Trough Low 56,751 BWP
Transaction Impact: A difference of 4,885.43 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2461
0.2293
JanuMarcMayJulySeptNove

PHP 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 0.2401, compared to 0.2334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.2401
H2 Avg (Jul–Dec) 0.2334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0145 BWP (High: 0.2461 / Low: 0.2316). On the other end, March was the most stable month, with a tight range of 0.0030 BWP (High: 0.2459 / Low: 0.2429).

May Spread (Volatile) ±0.0145
March Spread (Stable) ±0.0030

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 April and May, when the average rate fell by 0.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2447) against the same month in 2023 (average: 0.2385), the exchange rate shifted by +0.0062 (+2.58%).

2024 Avg (February) 0.2447
2023 Avg (February) 0.2385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2448 0.2405 0.2427
February 0.2465 0.2412 0.2447
March 0.2459 0.2429 0.2444
April 0.2455 0.2378 0.2411
May 0.2461 0.2316 0.2355
June 0.2357 0.2287 0.2321
July 0.2331 0.2296 0.2317
August 0.2376 0.2314 0.2354
September 0.2391 0.2316 0.2363
October 0.2358 0.2290 0.2316
November 0.2334 0.2270 0.2307
December 0.2405 0.2297 0.2348