2018 HNL to BWP Historical Review

YEARLY HIGH

0.4618 BWP

YEARLY LOW

0.3999 BWP

YEARLY AVERAGE

0.4263 BWP

2018 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.4618. Conversely, the yearly low was recorded on February 26, dropping to 0.3999.

This high-to-low spread represents a total annual volatility of 0.0619 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4124 to the December average rate of 0.4409, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4618 was down 0.84% compared to the 2017 peak of 0.4657, 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 2,309 BWP

2017 Average 2,204 BWP

Yearly Trough Low 1,999 BWP

Transaction Impact: A difference of 309.56 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4529

0.4005

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 0.4124, compared to 0.4401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.4124

H2 Avg (Jul–Dec) 0.4401

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0297 BWP (High: 0.4618 / Low: 0.4320). On the other end, March was the most stable month, with a tight range of 0.0068 BWP (High: 0.4074 / Low: 0.4006).

December Spread (Volatile) ±0.0297

March Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0074 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.4409) against the same month in 2017 (average: 0.4297), the exchange rate shifted by +0.0112 (+2.60%).

2018 Avg (December) 0.4409

2017 Avg (December) 0.4297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4192	0.4039	0.4124
February	0.4116	0.3999	0.4050
March	0.4074	0.4006	0.4049
April	0.4154	0.4038	0.4082
May	0.4209	0.4126	0.4173
June	0.4351	0.4164	0.4266
July	0.4352	0.4246	0.4297
August	0.4530	0.4274	0.4404
September	0.4591	0.4391	0.4485
October	0.4512	0.4411	0.4431
November	0.4456	0.4308	0.4382
December	0.4618	0.4320	0.4409