2014 BWP to LTL Historical Review

YEARLY HIGH

0.3031 LTL

YEARLY LOW

0.2789 LTL

YEARLY AVERAGE

0.2898 LTL

2014 BWP to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.3031. Conversely, the yearly low was recorded on March 12, dropping to 0.2789.

This high-to-low spread represents a total annual volatility of 0.0242 LTL. From a start-to-finish perspective, comparing the January average rate of 0.2839 to the December average rate of 0.2966, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3031 was down 10.05% compared to the 2013 peak of 0.3370, 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 1,516 LTL

2013 Average 1,550 LTL

Yearly Trough Low 1,395 LTL

Transaction Impact: A difference of 121.02 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3017

0.2796

JanuMarcMayJulySeptNove

BWP to LTL 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 0.2849, compared to 0.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.2849

H2 Avg (Jul–Dec) 0.2948

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0108 LTL (High: 0.3012 / Low: 0.2904). On the other end, April was the most stable month, with a tight range of 0.0039 LTL (High: 0.2874 / Low: 0.2834).

December Spread (Volatile) ±0.0108

April Spread (Stable) ±0.0039

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 November and December, when the average rate fell by 0.0033 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.2999) against the same month in 2013 (average: 0.2964), the exchange rate shifted by +0.0035 (+1.17%).

2014 Avg (November) 0.2999

2013 Avg (November) 0.2964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2881	0.2790	0.2839
February	0.2844	0.2795	0.2814
March	0.2859	0.2789	0.2823
April	0.2874	0.2834	0.2853
May	0.2916	0.2842	0.2889
June	0.2904	0.2856	0.2874
July	0.2926	0.2856	0.2885
August	0.2953	0.2895	0.2921
September	0.2978	0.2927	0.2946
October	0.3015	0.2949	0.2972
November	0.3031	0.2976	0.2999
December	0.3012	0.2904	0.2966