2014 LSL to BWP Historical Review

YEARLY HIGH

0.8420 BWP

YEARLY LOW

0.8082 BWP

YEARLY AVERAGE

0.8277 BWP

2014 LSL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LSL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.8420. Conversely, the yearly low was recorded on January 29, dropping to 0.8082.

This high-to-low spread represents a total annual volatility of 0.0338 BWP. From a start-to-finish perspective, comparing the January average rate of 0.8225 to the December average rate of 0.8225, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8420 was down 8.34% compared to the 2013 peak of 0.9187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,210 BWP

2013 Average 4,359 BWP

Yearly Trough Low 4,041 BWP

Transaction Impact: A difference of 169.08 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8379

0.8166

JanuMarcMayJulySeptNove

LSL 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 0.8267, compared to 0.8288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.8267

H2 Avg (Jul–Dec) 0.8288

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0252 BWP (High: 0.8375 / Low: 0.8123). On the other end, June was the most stable month, with a tight range of 0.0084 BWP (High: 0.8315 / Low: 0.8230).

December Spread (Volatile) ±0.0252

June Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0098 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.8361) against the same month in 2013 (average: 0.8901), the exchange rate shifted by -0.0540 (-6.06%).

2014 Avg (May) 0.8361

2013 Avg (May) 0.8901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8316	0.8082	0.8225
February	0.8275	0.8100	0.8184
March	0.8316	0.8174	0.8238
April	0.8348	0.8252	0.8308
May	0.8420	0.8288	0.8361
June	0.8315	0.8230	0.8285
July	0.8397	0.8229	0.8295
August	0.8356	0.8267	0.8325
September	0.8373	0.8211	0.8283
October	0.8363	0.8198	0.8275
November	0.8385	0.8263	0.8323
December	0.8375	0.8123	0.8225