2014 PEN to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PEN to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PEN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 3.2369. Conversely, the yearly low was recorded on May 11, dropping to 3.1022.
This high-to-low spread represents a total annual volatility of 0.1346 BWP. From a start-to-finish perspective, comparing the January average rate of 3.1779 to the December average rate of 3.1919, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 3.2369 was up 1.09% compared to the 2013 peak of 3.2020, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PEN to BWP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.1573, compared to 3.1672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 0.1243 BWP (High: 3.2364 / Low: 3.1121). On the other end, April was the most stable month, with a tight range of 0.0449 BWP (High: 3.1577 / Low: 3.1128).
Growth Streaks & Declines
TrendsBetween May and July, 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 February and March, when the average rate fell by 0.0397 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 3.1924) against the same month in 2013 (average: 3.1046), the exchange rate shifted by +0.0878 (+2.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2364 | 3.1121 | 3.1779 |
| February | 3.2369 | 3.1518 | 3.1924 |
| March | 3.1773 | 3.1226 | 3.1527 |
| April | 3.1577 | 3.1128 | 3.1391 |
| May | 3.1544 | 3.1022 | 3.1192 |
| June | 3.1912 | 3.1324 | 3.1626 |
| July | 3.2001 | 3.1450 | 3.1725 |
| August | 3.1758 | 3.1246 | 3.1540 |
| September | 3.1984 | 3.1233 | 3.1729 |
| October | 3.2022 | 3.1182 | 3.1563 |
| November | 3.1804 | 3.1228 | 3.1559 |
| December | 3.2229 | 3.1465 | 3.1919 |