2024 XDR to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 18.7145. Conversely, the yearly low was recorded on September 30, dropping to 17.6447.
This high-to-low spread represents a total annual volatility of 1.0698 BWP. From a start-to-finish perspective, comparing the January average rate of 18.1339 to the December average rate of 17.9898, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 18.7145 was up 1.89% compared to the 2023 peak of 18.3673, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR to BWP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.1042, compared to 17.9022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2020 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.8743 BWP (High: 18.7145 / Low: 17.8402). On the other end, October was the most stable month, with a tight range of 0.2336 BWP (High: 17.9227 / Low: 17.6891).
Growth Streaks & Declines
TrendsBetween October and December, 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 April and May, when the average rate fell by 0.1800 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 17.9808) against the same month in 2023 (average: 18.1113), the exchange rate shifted by -0.1306 (-0.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.2708 | 17.9242 | 18.1339 |
| February | 18.3188 | 17.9950 | 18.1944 |
| March | 18.3001 | 18.0017 | 18.1685 |
| April | 18.7076 | 17.9797 | 18.1608 |
| May | 18.7145 | 17.8402 | 17.9808 |
| June | 18.2273 | 17.7584 | 17.9869 |
| July | 18.0623 | 17.7509 | 17.9158 |
| August | 18.0777 | 17.7211 | 17.9222 |
| September | 18.0862 | 17.6447 | 17.8649 |
| October | 17.9227 | 17.6891 | 17.8232 |
| November | 18.2211 | 17.6895 | 17.8973 |
| December | 18.2142 | 17.7859 | 17.9898 |