2013 HNL to BWP Historical Review

YEARLY HIGH

0.4442 BWP

YEARLY LOW

0.3910 BWP

YEARLY AVERAGE

0.4180 BWP

2013 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 0.4442. Conversely, the yearly low was recorded on January 1, dropping to 0.3910.

This high-to-low spread represents a total annual volatility of 0.0532 BWP. From a start-to-finish perspective, comparing the January average rate of 0.3985 to the December average rate of 0.4263, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4442 was up 6.89% compared to the 2012 peak of 0.4156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,221 BWP

2012 Average 1,977 BWP

Yearly Trough Low 1,955 BWP

Transaction Impact: A difference of 266.09 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4316

0.3955

JanuMarcMayJulySeptNove

HNL 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 0.4148, compared to 0.4212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.4148

H2 Avg (Jul–Dec) 0.4212

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0277 BWP (High: 0.4442 / Low: 0.4165). On the other end, February was the most stable month, with a tight range of 0.0050 BWP (High: 0.4044 / Low: 0.3994).

May Spread (Volatile) ±0.0277

February Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0050 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.4286) against the same month in 2012 (average: 0.4016), the exchange rate shifted by +0.0270 (+6.73%).

2013 Avg (May) 0.4286

2012 Avg (May) 0.4016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4048	0.3910	0.3985
February	0.4044	0.3994	0.4019
March	0.4207	0.4100	0.4157
April	0.4265	0.4133	0.4202
May	0.4442	0.4165	0.4286
June	0.4294	0.4188	0.4240
July	0.4310	0.4148	0.4227
August	0.4294	0.4153	0.4216
September	0.4274	0.4117	0.4198
October	0.4184	0.4107	0.4147
November	0.4303	0.4172	0.4221
December	0.4316	0.4207	0.4263