2020 HNL to BWP Historical Review

YEARLY HIGH

0.4966 BWP

YEARLY LOW

0.4248 BWP

YEARLY AVERAGE

0.4626 BWP

2020 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.4966. Conversely, the yearly low was recorded on January 14, dropping to 0.4248.

This high-to-low spread represents a total annual volatility of 0.0718 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4327 to the December average rate of 0.4493, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4966 was down 31.69% compared to the 2019 peak of 0.7271, 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 2,483 BWP

2019 Average 2,192 BWP

Yearly Trough Low 2,124 BWP

Transaction Impact: A difference of 359.02 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4940

0.4271

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 0.4628, compared to 0.4624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4628

H2 Avg (Jul–Dec) 0.4624

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0360 BWP (High: 0.4795 / Low: 0.4435). On the other end, October was the most stable month, with a tight range of 0.0080 BWP (High: 0.4699 / Low: 0.4620).

March Spread (Volatile) ±0.0360

October Spread (Stable) ±0.0080

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 0.0135 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.4884) against the same month in 2019 (average: 0.4342), the exchange rate shifted by +0.0542 (+12.47%).

2020 Avg (April) 0.4884

2019 Avg (April) 0.4342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4398	0.4248	0.4327
February	0.4490	0.4388	0.4430
March	0.4795	0.4435	0.4606
April	0.4966	0.4784	0.4884
May	0.4891	0.4734	0.4829
June	0.4746	0.4611	0.4695
July	0.4734	0.4587	0.4656
August	0.4769	0.4625	0.4707
September	0.4737	0.4577	0.4657
October	0.4699	0.4620	0.4661
November	0.4655	0.4520	0.4572
December	0.4565	0.4448	0.4493