2015 BWP to ZAR Historical Review

YEARLY HIGH

1.4120 ZAR

YEARLY LOW

1.1872 ZAR

YEARLY AVERAGE

1.2583 ZAR

2015 BWP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BWP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 1.4120. Conversely, the yearly low was recorded on February 5, dropping to 1.1872.

This high-to-low spread represents a total annual volatility of 0.2248 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2062 to the December average rate of 1.3641, the exchange rate registered a net change of 13.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.4120 was up 13.29% compared to the 2014 peak of 1.2464, 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 7,060 ZAR

2014 Average 6,040 ZAR

Yearly Trough Low 5,936 ZAR

Transaction Impact: A difference of 1,124.08 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.3799

1.1901

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 1.2172, compared to 1.2993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0821 points.

H1 Avg (Jan–Jun) 1.2172

H2 Avg (Jul–Dec) 1.2993

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0854 ZAR (High: 1.4120 / Low: 1.3267). On the other end, March was the most stable month, with a tight range of 0.0212 ZAR (High: 1.2298 / Low: 1.2086).

December Spread (Volatile) ±0.0854

March Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0087 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.3641) against the same month in 2014 (average: 1.2157), the exchange rate shifted by +0.1484 (+12.20%).

2015 Avg (December) 1.3641

2014 Avg (December) 1.2157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2295	1.1911	1.2062
February	1.2141	1.1872	1.2059
March	1.2298	1.2086	1.2181
April	1.2284	1.1949	1.2128
May	1.2384	1.2107	1.2216
June	1.2588	1.2250	1.2387
July	1.2537	1.2302	1.2422
August	1.2934	1.2437	1.2664
September	1.3233	1.2871	1.3067
October	1.3192	1.2801	1.2981
November	1.3323	1.3021	1.3185
December	1.4120	1.3267	1.3641