YEARLY HIGH
0.0249 BWP
YEARLY LOW
0.0228 BWP
YEARLY AVERAGE
0.0237 BWP

2024 SOS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0249. Conversely, the yearly low was recorded on September 30, dropping to 0.0228.

This high-to-low spread represents a total annual volatility of 0.0021 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0238 to the December average rate of 0.0240, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0249 was up 2.45% compared to the 2023 peak of 0.0243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 124 BWP
2023 Average 117 BWP
Yearly Trough Low 114 BWP
Transaction Impact: A difference of 10.53 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0242
0.0231
JanuMarcMayJulySeptNove

SOS 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 0.0239, compared to 0.0236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0239
H2 Avg (Jul–Dec) 0.0236

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0013 BWP (High: 0.0249 / Low: 0.0236). On the other end, July was the most stable month, with a tight range of 0.0004 BWP (High: 0.0239 / Low: 0.0236).

May Spread (Volatile) ±0.0013
July Spread (Stable) ±0.0004

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0238) against the same month in 2023 (average: 0.0237), the exchange rate shifted by +0.0001 (+0.55%).

2024 Avg (May) 0.0238
2023 Avg (May) 0.0237

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0240 0.0234 0.0238
February 0.0242 0.0237 0.0240
March 0.0241 0.0237 0.0239
April 0.0248 0.0237 0.0241
May 0.0249 0.0236 0.0238
June 0.0241 0.0236 0.0238
July 0.0239 0.0236 0.0237
August 0.0239 0.0232 0.0235
September 0.0235 0.0228 0.0232
October 0.0235 0.0228 0.0233
November 0.0240 0.0232 0.0237
December 0.0244 0.0236 0.0240