2014 BWP to TOP Historical Review

YEARLY HIGH

0.2179 TOP

YEARLY LOW

0.2034 TOP

YEARLY AVERAGE

0.2103 TOP

2014 BWP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.2179. Conversely, the yearly low was recorded on July 13, dropping to 0.2034.

This high-to-low spread represents a total annual volatility of 0.0145 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2086 to the December average rate of 0.2076, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2179 was down 2.35% compared to the 2013 peak of 0.2231, 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 1,089 TOP

2013 Average 1,067 TOP

Yearly Trough Low 1,017 TOP

Transaction Impact: A difference of 72.28 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2163

0.2068

JanuMarcMayJulySeptNove

BWP to TOP 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 0.2098, compared to 0.2107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2098

H2 Avg (Jul–Dec) 0.2107

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0086 TOP (High: 0.2140 / Low: 0.2055). On the other end, September was the most stable month, with a tight range of 0.0051 TOP (High: 0.2117 / Low: 0.2066).

December Spread (Volatile) ±0.0086

September Spread (Stable) ±0.0051

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 November and December, when the average rate fell by 0.0079 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.2155) against the same month in 2013 (average: 0.2101), the exchange rate shifted by +0.0054 (+2.56%).

2014 Avg (November) 0.2155

2013 Avg (November) 0.2101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2137	0.2053	0.2086
February	0.2111	0.2057	0.2082
March	0.2120	0.2045	0.2098
April	0.2124	0.2067	0.2090
May	0.2150	0.2092	0.2129
June	0.2143	0.2085	0.2103
July	0.2105	0.2034	0.2085
August	0.2138	0.2068	0.2093
September	0.2117	0.2066	0.2096
October	0.2170	0.2097	0.2138
November	0.2179	0.2122	0.2155
December	0.2140	0.2055	0.2076