YEARLY HIGH
0.7721 BWP
YEARLY LOW
0.7152 BWP
YEARLY AVERAGE
0.7405 BWP

2024 SZL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.7721. Conversely, the yearly low was recorded on February 26, dropping to 0.7152.

This high-to-low spread represents a total annual volatility of 0.0569 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7230 to the December average rate of 0.7528, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7721 was up 2.42% compared to the 2023 peak of 0.7539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,861 BWP
2023 Average 3,622 BWP
Yearly Trough Low 3,576 BWP
Transaction Impact: A difference of 284.62 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7615
0.7192
JanuMarcMayJulySeptNove

SZL 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 0.7299, compared to 0.7510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.7299
H2 Avg (Jul–Dec) 0.7510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0374 BWP (High: 0.7598 / Low: 0.7225). On the other end, October was the most stable month, with a tight range of 0.0110 BWP (High: 0.7652 / Low: 0.7542).

April Spread (Volatile) ±0.0374
October Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0036 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7564) against the same month in 2023 (average: 0.7302), the exchange rate shifted by +0.0261 (+3.58%).

2024 Avg (November) 0.7564
2023 Avg (November) 0.7302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7300 0.7166 0.7230
February 0.7332 0.7152 0.7227
March 0.7309 0.7187 0.7251
April 0.7598 0.7225 0.7293
May 0.7615 0.7335 0.7394
June 0.7533 0.7221 0.7397
July 0.7494 0.7381 0.7432
August 0.7547 0.7324 0.7442
September 0.7611 0.7443 0.7517
October 0.7652 0.7542 0.7580
November 0.7721 0.7508 0.7564
December 0.7651 0.7408 0.7528