2015 CDF to BWP Historical Review

YEARLY HIGH

0.0122 BWP

YEARLY LOW

0.0102 BWP

YEARLY AVERAGE

0.0109 BWP

2015 CDF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0122. Conversely, the yearly low was recorded on February 8, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0020 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0119, the exchange rate registered a net change of 15.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0122 was up 18.31% compared to the 2014 peak of 0.0103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CDF based on timing:

Yearly Peak High 61 BWP

2014 Average 49 BWP

Yearly Trough Low 51 BWP

Transaction Impact: A difference of 9.87 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0121

0.0102

JanuMarcMayJulySeptNove

CDF to BWP 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 0.0106, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0106

H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0007 BWP (High: 0.0122 / Low: 0.0115). On the other end, January was the most stable month, with a tight range of 0.0002 BWP (High: 0.0104 / Low: 0.0103).

December Spread (Volatile) ±0.0007

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0119) against the same month in 2014 (average: 0.0102), the exchange rate shifted by +0.0017 (+16.59%).

2015 Avg (December) 0.0119

2014 Avg (December) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0103	0.0104
February	0.0105	0.0102	0.0104
March	0.0109	0.0105	0.0107
April	0.0108	0.0105	0.0107
May	0.0107	0.0104	0.0106
June	0.0109	0.0106	0.0107
July	0.0110	0.0107	0.0108
August	0.0112	0.0109	0.0110
September	0.0114	0.0111	0.0113
October	0.0114	0.0110	0.0112
November	0.0117	0.0113	0.0116
December	0.0122	0.0115	0.0119