2015 BWP to CVE Historical Review

YEARLY HIGH

10.4103 CVE

YEARLY LOW

8.8671 CVE

YEARLY AVERAGE

9.8157 CVE

2015 BWP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BWP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 10.4103. Conversely, the yearly low was recorded on December 11, dropping to 8.8671.

This high-to-low spread represents a total annual volatility of 1.5433 CVE. From a start-to-finish perspective, comparing the January average rate of 9.8722 to the December average rate of 9.1682, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.4103 was up 8.28% compared to the 2014 peak of 9.6140, 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 52,052 CVE

2014 Average 46,090 CVE

Yearly Trough Low 44,335 CVE

Transaction Impact: A difference of 7,716.42 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

10.4121

9.0552

JanuMarcMayJulySeptNove

BWP to CVE 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 10.0793, compared to 9.5521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5271 points.

H1 Avg (Jan–Jun) 10.0793

H2 Avg (Jul–Dec) 9.5521

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.7693 CVE (High: 10.2697 / Low: 9.5004). On the other end, November was the most stable month, with a tight range of 0.2126 CVE (High: 9.6876 / Low: 9.4750).

January Spread (Volatile) ±0.7693

November Spread (Stable) ±0.2126

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.4094 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 10.2990) against the same month in 2014 (average: 9.0731), the exchange rate shifted by +1.2260 (+13.51%).

2015 Avg (April) 10.2990

2014 Avg (April) 9.0731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2697	9.5004	9.8722
February	10.2165	9.9726	10.0926
March	10.3693	10.1249	10.2500
April	10.4103	10.1542	10.2990
May	10.2363	9.9426	10.0631
June	10.1551	9.6989	9.8988
July	10.1758	9.8663	10.0005
August	10.0201	9.2824	9.7221
September	9.5329	9.2483	9.3906
October	9.6127	9.3112	9.4538
November	9.6876	9.4750	9.5776
December	9.5910	8.8671	9.1682