2014 BWP to ZAR Historical Review

YEARLY HIGH

1.2464 ZAR

YEARLY LOW

1.1868 ZAR

YEARLY AVERAGE

1.2081 ZAR

2014 BWP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 1.2464. Conversely, the yearly low was recorded on May 24, dropping to 1.1868.

This high-to-low spread represents a total annual volatility of 0.0596 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2153 to the December average rate of 1.2157, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2464 was up 3.33% compared to the 2013 peak of 1.2063, 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 6,232 ZAR

2013 Average 5,740 ZAR

Yearly Trough Low 5,934 ZAR

Transaction Impact: A difference of 298.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2235

1.1929

JanuMarcMayJulySeptNove

BWP to ZAR 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 1.2094, compared to 1.2067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 1.2094

H2 Avg (Jul–Dec) 1.2067

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0462 ZAR (High: 1.2464 / Low: 1.2002). On the other end, August was the most stable month, with a tight range of 0.0150 ZAR (High: 1.2099 / Low: 1.1949).

January Spread (Volatile) ±0.0462

August Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0111 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.2153) against the same month in 2013 (average: 1.1067), the exchange rate shifted by +0.1086 (+9.82%).

2014 Avg (January) 1.2153

2013 Avg (January) 1.1067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2464	1.2002	1.2153
February	1.2400	1.2074	1.2209
March	1.2261	1.2004	1.2145
April	1.2126	1.1939	1.2033
May	1.2099	1.1868	1.1955
June	1.2189	1.1986	1.2070
July	1.2157	1.1935	1.2060
August	1.2099	1.1949	1.2011
September	1.2197	1.1927	1.2079
October	1.2201	1.1929	1.2083
November	1.2105	1.1923	1.2013
December	1.2312	1.1930	1.2157