2017 SHP to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SHP to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 14.0313. Conversely, the yearly low was recorded on March 28, dropping to 12.6528.
This high-to-low spread represents a total annual volatility of 1.3785 BWP. From a start-to-finish perspective, comparing the January average rate of 13.0722 to the December average rate of 13.6155, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 14.0313 was down 17.12% compared to the 2016 peak of 16.9299, 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 2017.
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 13.1053, compared to 13.5513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4460 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 0.8585 BWP (High: 13.9117 / Low: 13.0532). On the other end, November was the most stable month, with a tight range of 0.3268 BWP (High: 14.0313 / Low: 13.7045).
Growth Streaks & Declines
TrendsBetween August and November, 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 May and June, when the average rate fell by 0.3374 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 13.9049) against the same month in 2016 (average: 13.3354), the exchange rate shifted by +0.5694 (+4.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.2467 | 12.7297 | 13.0722 |
| February | 13.3166 | 12.8558 | 13.0430 |
| March | 13.2020 | 12.6528 | 12.7559 |
| April | 13.5294 | 13.1483 | 13.2943 |
| May | 13.6891 | 13.1142 | 13.4020 |
| June | 13.3155 | 12.9357 | 13.0646 |
| July | 13.4760 | 13.0646 | 13.3157 |
| August | 13.5195 | 13.0300 | 13.2299 |
| September | 13.9117 | 13.0532 | 13.5379 |
| October | 13.9855 | 13.5336 | 13.7041 |
| November | 14.0313 | 13.7045 | 13.9049 |
| December | 13.9765 | 13.2382 | 13.6155 |