2018 BWP to SZL Historical Review

YEARLY HIGH

1.4043 SZL

YEARLY LOW

1.2183 SZL

YEARLY AVERAGE

1.2961 SZL

2018 BWP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BWP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.4043. Conversely, the yearly low was recorded on February 15, dropping to 1.2183.

This high-to-low spread represents a total annual volatility of 0.1860 SZL. From a start-to-finish perspective, comparing the January average rate of 1.2518 to the December average rate of 1.3311, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4043 was up 3.29% compared to the 2017 peak of 1.3595, 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 7,022 SZL

2017 Average 6,433 SZL

Yearly Trough Low 6,092 SZL

Transaction Impact: A difference of 929.99 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3796

1.2257

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 1.2570, compared to 1.3351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0782 points.

H1 Avg (Jan–Jun) 1.2570

H2 Avg (Jul–Dec) 1.3351

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0769 SZL (High: 1.3626 / Low: 1.2857). On the other end, March was the most stable month, with a tight range of 0.0210 SZL (High: 1.2508 / Low: 1.2298).

August Spread (Volatile) ±0.0769

March Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0360 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.3668) against the same month in 2017 (average: 1.2931), the exchange rate shifted by +0.0737 (+5.70%).

2018 Avg (September) 1.3668

2017 Avg (September) 1.2931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2714	1.2266	1.2518
February	1.2598	1.2183	1.2393
March	1.2508	1.2298	1.2385
April	1.2688	1.2336	1.2514
May	1.2774	1.2526	1.2641
June	1.3223	1.2616	1.2967
July	1.3250	1.2842	1.3013
August	1.3626	1.2857	1.3256
September	1.4043	1.3330	1.3668
October	1.3953	1.3296	1.3610
November	1.3492	1.3043	1.3250
December	1.3509	1.2915	1.3311