2014 NPR to BWP Historical Review

YEARLY HIGH

0.0957 BWP

YEARLY LOW

0.0880 BWP

YEARLY AVERAGE

0.0918 BWP

2014 NPR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0957. Conversely, the yearly low was recorded on January 1, dropping to 0.0880.

This high-to-low spread represents a total annual volatility of 0.0077 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0899 to the December average rate of 0.0942, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0957 was down 0.25% compared to the 2013 peak of 0.0959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 478 BWP

2013 Average 449 BWP

Yearly Trough Low 440 BWP

Transaction Impact: A difference of 38.50 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0946

0.0894

JanuMarcMayJulySeptNove

NPR 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 0.0908, compared to 0.0928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0908

H2 Avg (Jul–Dec) 0.0928

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0032 BWP (High: 0.0912 / Low: 0.0880). On the other end, July was the most stable month, with a tight range of 0.0014 BWP (High: 0.0927 / Low: 0.0913).

January Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0942) against the same month in 2013 (average: 0.0879), the exchange rate shifted by +0.0063 (+7.15%).

2014 Avg (December) 0.0942

2013 Avg (December) 0.0879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0912	0.0880	0.0899
February	0.0911	0.0892	0.0902
March	0.0918	0.0892	0.0905
April	0.0921	0.0900	0.0907
May	0.0930	0.0900	0.0914
June	0.0938	0.0912	0.0924
July	0.0927	0.0913	0.0919
August	0.0918	0.0901	0.0910
September	0.0942	0.0913	0.0932
October	0.0940	0.0922	0.0932
November	0.0943	0.0924	0.0933
December	0.0957	0.0929	0.0942