2014 BWP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BWP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BWP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 106.6054. Conversely, the yearly low was recorded on December 31, dropping to 96.9864.
This high-to-low spread represents a total annual volatility of 9.6190 CDF. From a start-to-finish perspective, comparing the January average rate of 103.5269 to the December average rate of 97.9401, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 106.6054 was down 10.17% compared to the 2013 peak of 118.6769, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BWP to CDF 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 104.3608, compared to 101.5007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8601 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 4.6099 CDF (High: 105.8570 / Low: 101.2470). On the other end, July was the most stable month, with a tight range of 1.1413 CDF (High: 105.0593 / Low: 103.9180).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.4027 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 105.9514) against the same month in 2013 (average: 111.0554), the exchange rate shifted by -5.1040 (-4.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.8570 | 101.2470 | 103.5269 |
| February | 104.3771 | 101.1502 | 102.6799 |
| March | 105.1670 | 103.1598 | 104.2756 |
| April | 106.3792 | 104.4807 | 105.2731 |
| May | 106.6054 | 105.4255 | 105.9514 |
| June | 105.3869 | 103.7831 | 104.4576 |
| July | 105.0593 | 103.9180 | 104.4080 |
| August | 104.7582 | 103.4052 | 103.9937 |
| September | 103.7631 | 99.8093 | 101.5910 |
| October | 101.9310 | 99.4557 | 100.8083 |
| November | 101.3685 | 99.2513 | 100.2630 |
| December | 100.3802 | 96.9864 | 97.9401 |