2020 ERN to BWP Historical Review

YEARLY HIGH

12.3419 BWP

YEARLY LOW

10.5908 BWP

YEARLY AVERAGE

11.4451 BWP

2020 ERN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ERN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 12.3419. Conversely, the yearly low was recorded on January 2, dropping to 10.5908.

This high-to-low spread represents a total annual volatility of 1.7511 BWP. From a start-to-finish perspective, comparing the January average rate of 10.7245 to the December average rate of 10.8939, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.3419 was up 11.20% compared to the 2019 peak of 11.0991, 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 61,710 BWP

2019 Average 53,782 BWP

Yearly Trough Low 52,954 BWP

Transaction Impact: A difference of 8,755.73 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.3111

10.5802

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 11.5178, compared to 11.3724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1454 points.

H1 Avg (Jan–Jun) 11.5178

H2 Avg (Jul–Dec) 11.3724

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9050 BWP (High: 11.9478 / Low: 11.0427). On the other end, February was the most stable month, with a tight range of 0.2426 BWP (High: 11.1170 / Low: 10.8744).

March Spread (Volatile) ±0.9050

February Spread (Stable) ±0.2426

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3536 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 12.1668) against the same month in 2019 (average: 10.6495), the exchange rate shifted by +1.5173 (+14.25%).

2020 Avg (April) 12.1668

2019 Avg (April) 10.6495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9160	10.5908	10.7245
February	11.1170	10.8744	10.9944
March	11.9478	11.0427	11.4574
April	12.3419	11.9020	12.1668
May	12.2037	11.8156	12.0587
June	11.8301	11.4913	11.7051
July	11.8014	11.4114	11.5837
August	11.8193	11.4584	11.6383
September	11.6842	11.3048	11.5067
October	11.5838	11.3338	11.4555
November	11.4297	11.0327	11.1565
December	11.0859	10.7731	10.8939