2011 SHP to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 SHP to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the SHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 11.9247. Conversely, the yearly low was recorded on January 3, dropping to 10.0291.
This high-to-low spread represents a total annual volatility of 1.8956 BWP. From a start-to-finish perspective, comparing the January average rate of 10.4766 to the December average rate of 11.7264, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 11.9247 was up 5.29% compared to the 2010 peak of 11.3258, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
SHP 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 10.6819, compared to 11.3024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6205 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 0.7796 BWP (High: 10.8087 / Low: 10.0291). On the other end, June was the most stable month, with a tight range of 0.2137 BWP (High: 10.7175 / Low: 10.5038).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2401 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 11.7909) against the same month in 2010 (average: 10.5697), the exchange rate shifted by +1.2213 (+11.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8087 | 10.0291 | 10.4766 |
| February | 11.0642 | 10.7306 | 10.9418 |
| March | 10.8733 | 10.5081 | 10.7018 |
| April | 10.7286 | 10.4401 | 10.6072 |
| May | 10.9336 | 10.5277 | 10.7396 |
| June | 10.7175 | 10.5038 | 10.6245 |
| July | 10.7743 | 10.4005 | 10.6021 |
| August | 11.2171 | 10.6128 | 11.0179 |
| September | 11.6376 | 10.8636 | 11.1465 |
| October | 11.7989 | 11.3453 | 11.5308 |
| November | 11.9247 | 11.6639 | 11.7909 |
| December | 11.8706 | 11.5452 | 11.7264 |