2014 AFN to BWP Historical Review

YEARLY HIGH

0.1646 BWP

YEARLY LOW

0.1521 BWP

YEARLY AVERAGE

0.1575 BWP

2014 AFN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.1646. Conversely, the yearly low was recorded on May 11, dropping to 0.1521.

This high-to-low spread represents a total annual volatility of 0.0126 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1587 to the December average rate of 0.1630, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1646 was up 2.68% compared to the 2013 peak of 0.1603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 823 BWP

2013 Average 767 BWP

Yearly Trough Low 760 BWP

Transaction Impact: A difference of 62.88 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1640

0.1521

JanuMarcMayJulySeptNove

AFN 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 0.1556, compared to 0.1594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1556

H2 Avg (Jul–Dec) 0.1594

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0068 BWP (High: 0.1619 / Low: 0.1551). On the other end, August was the most stable month, with a tight range of 0.0026 BWP (High: 0.1584 / Low: 0.1558).

February Spread (Volatile) ±0.0068

August Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1630) against the same month in 2013 (average: 0.1526), the exchange rate shifted by +0.0105 (+6.85%).

2014 Avg (December) 0.1630

2013 Avg (December) 0.1526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1619	0.1553	0.1587
February	0.1619	0.1551	0.1584
March	0.1574	0.1536	0.1554
April	0.1562	0.1521	0.1543
May	0.1553	0.1521	0.1531
June	0.1553	0.1527	0.1539
July	0.1582	0.1532	0.1554
August	0.1584	0.1558	0.1576
September	0.1626	0.1582	0.1602
October	0.1629	0.1573	0.1601
November	0.1620	0.1582	0.1599
December	0.1646	0.1595	0.1630