2018 BWP to ZAR Historical Review

YEARLY HIGH

1.3992 ZAR

YEARLY LOW

1.2130 ZAR

YEARLY AVERAGE

1.2966 ZAR

2018 BWP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BWP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1.3992. Conversely, the yearly low was recorded on February 15, dropping to 1.2130.

This high-to-low spread represents a total annual volatility of 0.1862 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2510 to the December average rate of 1.3361, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3992 was up 2.68% compared to the 2017 peak of 1.3627, 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 6,996 ZAR

2017 Average 6,431 ZAR

Yearly Trough Low 6,065 ZAR

Transaction Impact: A difference of 931.01 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3788

1.2238

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 1.2570, compared to 1.3363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0792 points.

H1 Avg (Jan–Jun) 1.2570

H2 Avg (Jul–Dec) 1.3363

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1443 ZAR (High: 1.3841 / Low: 1.2397). On the other end, March was the most stable month, with a tight range of 0.0204 ZAR (High: 1.2499 / Low: 1.2295).

August Spread (Volatile) ±0.1443

March Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between February and June, 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 October and November, when the average rate fell by 0.0384 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0384

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.3659) against the same month in 2017 (average: 1.2946), the exchange rate shifted by +0.0713 (+5.51%).

2018 Avg (September) 1.3659

2017 Avg (September) 1.2946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2671	1.2249	1.2510
February	1.2613	1.2130	1.2367
March	1.2499	1.2295	1.2381
April	1.2689	1.2364	1.2526
May	1.2868	1.2372	1.2633
June	1.3351	1.2607	1.3005
July	1.3245	1.2800	1.2991
August	1.3841	1.2397	1.3290
September	1.3992	1.3265	1.3659
October	1.3951	1.3325	1.3630
November	1.3459	1.2978	1.3246
December	1.3628	1.2966	1.3361