2014 BWP to ALL Historical Review

YEARLY HIGH

12.3008 ALL

YEARLY LOW

11.3382 ALL

YEARLY AVERAGE

11.7500 ALL

2014 BWP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 12.3008. Conversely, the yearly low was recorded on March 12, dropping to 11.3382.

This high-to-low spread represents a total annual volatility of 0.9626 ALL. From a start-to-finish perspective, comparing the January average rate of 11.5609 to the December average rate of 12.0349, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.3008 was down 9.91% compared to the 2013 peak of 13.6534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,504 ALL

2013 Average 62,990 ALL

Yearly Trough Low 56,691 ALL

Transaction Impact: A difference of 4,812.84 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.1957

11.3808

JanuMarcMayJulySeptNove

BWP to ALL 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 11.5714, compared to 11.9286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3572 points.

H1 Avg (Jan–Jun) 11.5714

H2 Avg (Jul–Dec) 11.9286

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.4401 ALL (High: 12.2287 / Low: 11.7886). On the other end, February was the most stable month, with a tight range of 0.1704 ALL (High: 11.5441 / Low: 11.3737).

December Spread (Volatile) ±0.4401

February Spread (Stable) ±0.1704

Growth Streaks & Declines

Trends

Between June and November, 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 0.1123 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 12.1278) against the same month in 2013 (average: 12.0391), the exchange rate shifted by +0.0887 (+0.74%).

2014 Avg (November) 12.1278

2013 Avg (November) 12.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7199	11.3396	11.5609
February	11.5441	11.3737	11.4487
March	11.6223	11.3382	11.4731
April	11.6644	11.4839	11.5684
May	11.8263	11.5374	11.7158
June	11.7844	11.5730	11.6615
July	11.8237	11.5953	11.6910
August	11.9163	11.6903	11.7809
September	12.0562	11.8766	11.9420
October	12.0879	11.8921	11.9950
November	12.3008	12.0000	12.1278
December	12.2287	11.7886	12.0349