2024 SRD to BWP Historical Review

YEARLY HIGH

0.4741 BWP

YEARLY LOW

0.3637 BWP

YEARLY AVERAGE

0.4116 BWP

2024 SRD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.4741. Conversely, the yearly low was recorded on January 2, dropping to 0.3637.

This high-to-low spread represents a total annual volatility of 0.1104 BWP. From a start-to-finish perspective, comparing the January average rate of 0.3702 to the December average rate of 0.3895, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4741 was up 15.98% compared to the 2023 peak of 0.4087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,370 BWP

2023 Average 1,829 BWP

Yearly Trough Low 1,818 BWP

Transaction Impact: A difference of 551.79 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4754

0.3606

JanuMarcMayJulySeptNove

SRD 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 0.3977, compared to 0.4254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.3977

H2 Avg (Jul–Dec) 0.4254

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0424 BWP (High: 0.4312 / Low: 0.3888). On the other end, November was the most stable month, with a tight range of 0.0096 BWP (High: 0.3891 / Low: 0.3795).

October Spread (Volatile) ±0.0424

November Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0363 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4658) against the same month in 2023 (average: 0.3526), the exchange rate shifted by +0.1132 (+32.12%).

2024 Avg (August) 0.4658

2023 Avg (August) 0.3526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3763	0.3637	0.3702
February	0.3908	0.3698	0.3792
March	0.3934	0.3820	0.3878
April	0.4200	0.3888	0.3973
May	0.4263	0.4034	0.4171
June	0.4457	0.4247	0.4347
July	0.4714	0.4376	0.4564
August	0.4741	0.4587	0.4658
September	0.4633	0.4241	0.4461
October	0.4312	0.3888	0.4098
November	0.3891	0.3795	0.3848
December	0.3970	0.3836	0.3895