YEARLY HIGH
3.0589 BWP
YEARLY LOW
2.8405 BWP
YEARLY AVERAGE
2.9486 BWP

2024 RON to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 3.0589. Conversely, the yearly low was recorded on December 18, dropping to 2.8405.

This high-to-low spread represents a total annual volatility of 0.2183 BWP. From a start-to-finish perspective, comparing the January average rate of 2.9780 to the December average rate of 2.8872, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0589 was up 1.63% compared to the 2023 peak of 3.0100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,294 BWP
2023 Average 14,601 BWP
Yearly Trough Low 14,203 BWP
Transaction Impact: A difference of 1,091.70 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9968
2.8772
JanuMarcMayJulySeptNove

RON 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 2.9676, compared to 2.9295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 2.9676
H2 Avg (Jul–Dec) 2.9295

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1215 BWP (High: 3.0589 / Low: 2.9374). On the other end, October was the most stable month, with a tight range of 0.0444 BWP (High: 2.9355 / Low: 2.8912).

May Spread (Volatile) ±0.1215
October Spread (Stable) ±0.0444

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0416 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.9560) against the same month in 2023 (average: 2.9565), the exchange rate shifted by -0.0005 (-0.02%).

2024 Avg (May) 2.9560
2023 Avg (May) 2.9565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9974 2.9418 2.9780
February 3.0098 2.9396 2.9743
March 3.0139 2.9686 2.9869
April 3.0441 2.9303 2.9638
May 3.0589 2.9374 2.9560
June 3.0101 2.8913 2.9466
July 2.9760 2.9116 2.9566
August 3.0060 2.9352 2.9706
September 2.9868 2.9136 2.9570
October 2.9355 2.8912 2.9155
November 2.9233 2.8577 2.8904
December 2.9174 2.8405 2.8872