2024 SHP to BWP Historical Review

YEARLY HIGH

17.8043 BWP

YEARLY LOW

16.8699 BWP

YEARLY AVERAGE

17.3254 BWP

2024 SHP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 17.8043. Conversely, the yearly low was recorded on January 2, dropping to 16.8699.

This high-to-low spread represents a total annual volatility of 0.9344 BWP. From a start-to-finish perspective, comparing the January average rate of 17.2583 to the December average rate of 17.3285, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.8043 was up 2.19% compared to the 2023 peak of 17.4221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,022 BWP

2023 Average 83,072 BWP

Yearly Trough Low 84,350 BWP

Transaction Impact: A difference of 4,672.04 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.5379

17.1578

JanuMarcMayJulySeptNove

SHP 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 17.2736, compared to 17.3773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1037 points.

H1 Avg (Jan–Jun) 17.2736

H2 Avg (Jul–Dec) 17.3773

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8035 BWP (High: 17.8043 / Low: 17.0009). On the other end, October was the most stable month, with a tight range of 0.2370 BWP (High: 17.4676 / Low: 17.2306).

May Spread (Volatile) ±0.8035

October Spread (Stable) ±0.2370

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.1589 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 17.1895) against the same month in 2023 (average: 16.8051), the exchange rate shifted by +0.3844 (+2.29%).

2024 Avg (May) 17.1895

2023 Avg (May) 16.8051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4238	16.8699	17.2583
February	17.4915	17.1103	17.3152
March	17.5334	17.2513	17.3606
April	17.7345	17.0165	17.2017
May	17.8043	17.0009	17.1895
June	17.6107	17.0157	17.3161
July	17.5713	17.0660	17.4358
August	17.6591	17.1487	17.3648
September	17.6494	17.3905	17.5062
October	17.4676	17.2306	17.3666
November	17.3822	17.1047	17.2618
December	17.5149	17.1310	17.3285