YEARLY HIGH
0.0057 BWP
YEARLY LOW
0.0011 BWP
YEARLY AVERAGE
0.0053 BWP

2024 SYP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0057. Conversely, the yearly low was recorded on December 22, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0046 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0039, the exchange rate registered a net change of -28.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0057 was up 2.55% compared to the 2023 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 BWP
2023 Average 27 BWP
Yearly Trough Low 5 BWP
Transaction Impact: A difference of 22.97 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0056
0.0037
JanuMarcMayJulySeptNove

SYP 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 0.0054, compared to 0.0051 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) 0.0054
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0044 BWP (High: 0.0055 / Low: 0.0011). On the other end, March was the most stable month, with a tight range of 0.0001 BWP (High: 0.0055 / Low: 0.0054).

December Spread (Volatile) ±0.0044
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0054) against the same month in 2023 (average: 0.0054), the exchange rate shifted by +0.0001 (+0.99%).

2024 Avg (May) 0.0054
2023 Avg (May) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0053 0.0054
February 0.0055 0.0054 0.0055
March 0.0055 0.0054 0.0054
April 0.0057 0.0054 0.0055
May 0.0057 0.0054 0.0054
June 0.0055 0.0054 0.0054
July 0.0054 0.0053 0.0054
August 0.0054 0.0053 0.0053
September 0.0053 0.0052 0.0053
October 0.0053 0.0052 0.0053
November 0.0055 0.0053 0.0054
December 0.0055 0.0011 0.0039