2011 BWP to SZL Historical Review

YEARLY HIGH

1.1151 SZL

YEARLY LOW

1.0184 SZL

YEARLY AVERAGE

1.0548 SZL

2011 BWP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BWP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1.1151. Conversely, the yearly low was recorded on January 5, dropping to 1.0184.

This high-to-low spread represents a total annual volatility of 0.0967 SZL. From a start-to-finish perspective, comparing the January average rate of 1.0406 to the December average rate of 1.0892, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1151 was down 0.41% compared to the 2010 peak of 1.1197, 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 5,575 SZL

2010 Average 5,367 SZL

Yearly Trough Low 5,092 SZL

Transaction Impact: A difference of 483.40 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0965

1.0279

JanuMarcMayJulySeptNove

BWP to SZL 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 1.0433, compared to 1.0664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 1.0433

H2 Avg (Jul–Dec) 1.0664

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0572 SZL (High: 1.1151 / Low: 1.0578). On the other end, June was the most stable month, with a tight range of 0.0124 SZL (High: 1.0417 / Low: 1.0293).

November Spread (Volatile) ±0.0572

June Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0135 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.0908) against the same month in 2010 (average: 1.0512), the exchange rate shifted by +0.0396 (+3.77%).

2011 Avg (November) 1.0908

2010 Avg (November) 1.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0653	1.0184	1.0406
February	1.0670	1.0484	1.0586
March	1.0564	1.0266	1.0451
April	1.0481	1.0278	1.0392
May	1.0526	1.0277	1.0410
June	1.0417	1.0293	1.0353
July	1.0437	1.0233	1.0336
August	1.0613	1.0287	1.0511
September	1.0630	1.0389	1.0525
October	1.0967	1.0439	1.0810
November	1.1151	1.0578	1.0908
December	1.1065	1.0785	1.0892