2017 HNL to BWP Historical Review

YEARLY HIGH

0.4657 BWP

YEARLY LOW

0.4155 BWP

YEARLY AVERAGE

0.4408 BWP

2017 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.4657. Conversely, the yearly low was recorded on December 30, dropping to 0.4155.

This high-to-low spread represents a total annual volatility of 0.0502 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4535 to the December average rate of 0.4297, the exchange rate registered a net change of -5.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4657 was down 10.65% compared to the 2016 peak of 0.5212, 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 2,328 BWP

2016 Average 2,393 BWP

Yearly Trough Low 2,077 BWP

Transaction Impact: A difference of 250.94 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4559

0.4273

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 0.4440, compared to 0.4376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.4440

H2 Avg (Jul–Dec) 0.4376

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0239 BWP (High: 0.4394 / Low: 0.4155). On the other end, June was the most stable month, with a tight range of 0.0067 BWP (High: 0.4389 / Low: 0.4322).

December Spread (Volatile) ±0.0239

June Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0157 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4535) against the same month in 2016 (average: 0.5135), the exchange rate shifted by -0.0600 (-11.68%).

2017 Avg (January) 0.4535

2016 Avg (January) 0.5135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4657	0.4425	0.4535
February	0.4481	0.4399	0.4439
March	0.4502	0.4291	0.4400
April	0.4556	0.4395	0.4487
May	0.4505	0.4346	0.4422
June	0.4389	0.4322	0.4358
July	0.4430	0.4322	0.4374
August	0.4417	0.4321	0.4374
September	0.4440	0.4275	0.4337
October	0.4487	0.4367	0.4418
November	0.4514	0.4369	0.4454
December	0.4394	0.4155	0.4297