2014 SAR to BWP Historical Review

YEARLY HIGH

2.5446 BWP

YEARLY LOW

2.3102 BWP

YEARLY AVERAGE

2.3934 BWP

2014 SAR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.5446. Conversely, the yearly low was recorded on May 13, dropping to 2.3102.

This high-to-low spread represents a total annual volatility of 0.2345 BWP. From a start-to-finish perspective, comparing the January average rate of 2.3807 to the December average rate of 2.5196, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5446 was up 9.02% compared to the 2013 peak of 2.3341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,723 BWP

2013 Average 11,196 BWP

Yearly Trough Low 11,551 BWP

Transaction Impact: A difference of 1,172.31 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5395

2.3008

JanuMarcMayJulySeptNove

SAR 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 2.3580, compared to 2.4287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 2.3580

H2 Avg (Jul–Dec) 2.4287

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1142 BWP (High: 2.4367 / Low: 2.3225). On the other end, May was the most stable month, with a tight range of 0.0214 BWP (High: 2.3316 / Low: 2.3102).

January Spread (Volatile) ±0.1142

May Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0362 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.5196) against the same month in 2013 (average: 2.3206), the exchange rate shifted by +0.1991 (+8.58%).

2014 Avg (December) 2.5196

2013 Avg (December) 2.3206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4367	2.3225	2.3807
February	2.4395	2.3544	2.3954
March	2.3827	2.3400	2.3592
April	2.3541	2.3141	2.3369
May	2.3316	2.3102	2.3207
June	2.3707	2.3257	2.3554
July	2.3675	2.3413	2.3567
August	2.3761	2.3495	2.3666
September	2.4687	2.3739	2.4246
October	2.4808	2.4202	2.4447
November	2.4823	2.4344	2.4600
December	2.5446	2.4584	2.5196