2024 XOF to BWP Historical Review

YEARLY HIGH

0.0232 BWP

YEARLY LOW

0.0215 BWP

YEARLY AVERAGE

0.0224 BWP

2024 XOF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XOF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0232. Conversely, the yearly low was recorded on December 18, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0017 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0219, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0232 was up 2.02% compared to the 2023 peak of 0.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 BWP

2023 Average 110 BWP

Yearly Trough Low 108 BWP

Transaction Impact: A difference of 8.33 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0227

0.0218

JanuMarcMayJulySeptNove

XOF 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 0.0225, compared to 0.0222 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) 0.0225

H2 Avg (Jul–Dec) 0.0222

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0009 BWP (High: 0.0232 / Low: 0.0223). On the other end, March was the most stable month, with a tight range of 0.0003 BWP (High: 0.0228 / Low: 0.0225).

May Spread (Volatile) ±0.0009

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0224) against the same month in 2023 (average: 0.0223), the exchange rate shifted by +0.0001 (+0.39%).

2024 Avg (May) 0.0224

2023 Avg (May) 0.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0227	0.0223	0.0226
February	0.0228	0.0223	0.0226
March	0.0228	0.0225	0.0226
April	0.0231	0.0222	0.0225
May	0.0232	0.0223	0.0224
June	0.0228	0.0219	0.0224
July	0.0225	0.0221	0.0224
August	0.0228	0.0223	0.0225
September	0.0227	0.0221	0.0224
October	0.0223	0.0219	0.0221
November	0.0222	0.0217	0.0219
December	0.0221	0.0215	0.0219