2014 BWP to ETB Historical Review

YEARLY HIGH

2.2535 ETB

YEARLY LOW

2.0999 ETB

YEARLY AVERAGE

2.1916 ETB

2014 BWP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 2.2535. Conversely, the yearly low was recorded on January 31, dropping to 2.0999.

This high-to-low spread represents a total annual volatility of 0.1535 ETB. From a start-to-finish perspective, comparing the January average rate of 2.1467 to the December average rate of 2.1337, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2535 was down 4.09% compared to the 2013 peak of 2.3495, 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 11,267 ETB

2013 Average 11,149 ETB

Yearly Trough Low 10,500 ETB

Transaction Impact: A difference of 767.72 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2532

2.1229

JanuMarcMayJulySeptNove

BWP to ETB 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 2.1914, compared to 2.1918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 2.1914

H2 Avg (Jul–Dec) 2.1918

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0935 ETB (High: 2.1934 / Low: 2.0999). On the other end, August was the most stable month, with a tight range of 0.0280 ETB (High: 2.2489 / Low: 2.2209).

January Spread (Volatile) ±0.0935

August Spread (Stable) ±0.0280

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0421 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.2423) against the same month in 2013 (average: 2.2471), the exchange rate shifted by -0.0048 (-0.21%).

2014 Avg (May) 2.2423

2013 Avg (May) 2.2471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1934	2.0999	2.1467
February	2.1873	2.1012	2.1423
March	2.2079	2.1544	2.1808
April	2.2376	2.1997	2.2195
May	2.2535	2.2248	2.2423
June	2.2423	2.2028	2.2170
July	2.2511	2.2197	2.2319
August	2.2489	2.2209	2.2340
September	2.2353	2.1568	2.1927
October	2.2067	2.1557	2.1827
November	2.1997	2.1507	2.1758
December	2.1816	2.1147	2.1337