2016 ERN to BWP Historical Review

YEARLY HIGH

11.7007 BWP

YEARLY LOW

10.3011 BWP

YEARLY AVERAGE

10.8936 BWP

2016 ERN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ERN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 11.7007. Conversely, the yearly low was recorded on August 16, dropping to 10.3011.

This high-to-low spread represents a total annual volatility of 1.3997 BWP. From a start-to-finish perspective, comparing the January average rate of 11.5188 to the December average rate of 10.7403, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.7007 was up 3.44% compared to the 2015 peak of 11.3114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,504 BWP

2015 Average 50,661 BWP

Yearly Trough Low 51,505 BWP

Transaction Impact: A difference of 6,998.44 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.6213

10.3907

JanuMarcMayJulySeptNove

ERN 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 11.1216, compared to 10.6656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4560 points.

H1 Avg (Jan–Jun) 11.1216

H2 Avg (Jul–Dec) 10.6656

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.6452 BWP (High: 11.2407 / Low: 10.5955). On the other end, July was the most stable month, with a tight range of 0.3065 BWP (High: 10.9290 / Low: 10.6225).

May Spread (Volatile) ±0.6452

July Spread (Stable) ±0.3065

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.3452 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 11.5188) against the same month in 2015 (average: 9.5856), the exchange rate shifted by +1.9332 (+20.17%).

2016 Avg (January) 11.5188

2015 Avg (January) 9.5856

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7007	11.2735	11.5188
February	11.4451	11.0671	11.2777
March	11.3791	10.8596	11.1462
April	11.0331	10.5964	10.8011
May	11.2407	10.5955	11.0003
June	11.2093	10.7170	10.9856
July	10.9290	10.6225	10.7819
August	10.7826	10.3011	10.4933
September	10.8722	10.4081	10.6325
October	10.7996	10.4526	10.6343
November	10.9596	10.4196	10.7110
December	10.8884	10.5582	10.7403