2024 MXN to BWP Historical Review

YEARLY HIGH

0.8363 BWP

YEARLY LOW

0.6577 BWP

YEARLY AVERAGE

0.7447 BWP

2024 MXN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.8363. Conversely, the yearly low was recorded on November 8, dropping to 0.6577.

This high-to-low spread represents a total annual volatility of 0.1786 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7962 to the December average rate of 0.6772, the exchange rate registered a net change of -14.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8363 was up 3.64% compared to the 2023 peak of 0.8069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 41,817 BWP

2023 Average 37,728 BWP

Yearly Trough Low 32,885 BWP

Transaction Impact: A difference of 8,932.15 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8333

0.6512

JanuMarcMayJulySeptNove

MXN 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 0.7984, compared to 0.6909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1076 points.

H1 Avg (Jan–Jun) 0.7984

H2 Avg (Jul–Dec) 0.6909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0768 BWP (High: 0.8070 / Low: 0.7302). On the other end, February was the most stable month, with a tight range of 0.0187 BWP (High: 0.8093 / Low: 0.7906).

June Spread (Volatile) ±0.0768

February Spread (Stable) ±0.0187

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0601 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.8098) against the same month in 2023 (average: 0.7599), the exchange rate shifted by +0.0499 (+6.57%).

2024 Avg (May) 0.8098

2023 Avg (May) 0.7599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8044	0.7846	0.7962
February	0.8093	0.7906	0.8021
March	0.8300	0.8037	0.8148
April	0.8343	0.8023	0.8181
May	0.8363	0.7968	0.8098
June	0.8070	0.7302	0.7497
July	0.7657	0.7241	0.7485
August	0.7222	0.6700	0.7006
September	0.6955	0.6615	0.6758
October	0.6888	0.6635	0.6767
November	0.6765	0.6577	0.6663
December	0.6882	0.6662	0.6772

2024 MXN నుండి BWP చారిత్రక సమీక్ష