2024 ZAR to BWP Historical Review

YEARLY HIGH

0.7713 BWP

YEARLY LOW

0.7121 BWP

YEARLY AVERAGE

0.7399 BWP

2024 ZAR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.7713. Conversely, the yearly low was recorded on February 24, dropping to 0.7121.

This high-to-low spread represents a total annual volatility of 0.0592 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7243 to the December average rate of 0.7520, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7713 was up 1.78% compared to the 2023 peak of 0.7578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38,567 BWP

2023 Average 36,205 BWP

Yearly Trough Low 35,605 BWP

Transaction Impact: A difference of 2,961.88 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7613

0.7170

JanuMarcMayJulySeptNove

ZAR 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 0.7295, compared to 0.7504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 0.7295

H2 Avg (Jul–Dec) 0.7504

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0388 BWP (High: 0.7713 / Low: 0.7325). On the other end, October was the most stable month, with a tight range of 0.0140 BWP (High: 0.7637 / Low: 0.7497).

November Spread (Volatile) ±0.0388

October Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0036 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7541) against the same month in 2023 (average: 0.7292), the exchange rate shifted by +0.0249 (+3.41%).

2024 Avg (November) 0.7541

2023 Avg (November) 0.7292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7396	0.7139	0.7243
February	0.7309	0.7121	0.7207
March	0.7335	0.7185	0.7245
April	0.7557	0.7183	0.7282
May	0.7640	0.7270	0.7389
June	0.7528	0.7251	0.7405
July	0.7511	0.7343	0.7432
August	0.7540	0.7231	0.7426
September	0.7643	0.7436	0.7527
October	0.7637	0.7497	0.7576
November	0.7713	0.7325	0.7541
December	0.7656	0.7356	0.7520