2024 SGD to BWP Historical Review

YEARLY HIGH

10.4396 BWP

YEARLY LOW

9.9323 BWP

YEARLY AVERAGE

10.1456 BWP

2024 SGD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 10.4396. Conversely, the yearly low was recorded on June 23, dropping to 9.9323.

This high-to-low spread represents a total annual volatility of 0.5072 BWP. From a start-to-finish perspective, comparing the January average rate of 10.1661 to the December average rate of 10.1518, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.4396 was up 1.57% compared to the 2023 peak of 10.2787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,198 BWP

2023 Average 49,722 BWP

Yearly Trough Low 49,662 BWP

Transaction Impact: A difference of 2,536.21 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.2361

10.0520

JanuMarcMayJulySeptNove

SGD 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 10.1366, compared to 10.1546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 10.1366

H2 Avg (Jul–Dec) 10.1546

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.4349 BWP (High: 10.4396 / Low: 10.0047). On the other end, March was the most stable month, with a tight range of 0.0932 BWP (High: 10.2384 / Low: 10.1453).

May Spread (Volatile) ±0.4349

March Spread (Stable) ±0.0932

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 September and October, when the average rate fell by 0.0632 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 10.0705) against the same month in 2023 (average: 10.0520), the exchange rate shifted by +0.0185 (+0.18%).

2024 Avg (May) 10.0705

2023 Avg (May) 10.0520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2248	10.0756	10.1661
February	10.2644	10.0767	10.1912
March	10.2384	10.1453	10.1852
April	10.4007	10.0241	10.1307
May	10.4396	10.0047	10.0705
June	10.2293	9.9323	10.0757
July	10.1437	9.9395	10.0673
August	10.2736	10.1152	10.1968
September	10.3110	10.1302	10.2208
October	10.2101	10.0833	10.1576
November	10.2147	10.0095	10.1335
December	10.2543	10.0146	10.1518