2021 SHP to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SHP to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 15.9133. Conversely, the yearly low was recorded on January 4, dropping to 14.5935.
This high-to-low spread represents a total annual volatility of 1.3198 BWP. From a start-to-finish perspective, comparing the January average rate of 14.9706 to the December average rate of 15.6056, the exchange rate registered a net change of 4.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 15.9133 was up 2.96% compared to the 2020 peak of 15.4561, 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 2021.
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 15.1025, compared to 15.3863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2838 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 0.5715 BWP (High: 15.4780 / Low: 14.9065). On the other end, May was the most stable month, with a tight range of 0.2346 BWP (High: 15.2382 / Low: 15.0037).
Growth Streaks & Declines
TrendsBetween September and December, 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 March and April, when the average rate fell by 0.2438 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 15.6056) against the same month in 2020 (average: 14.6496), the exchange rate shifted by +0.9560 (+6.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.1404 | 14.5935 | 14.9706 |
| February | 15.3581 | 14.9587 | 15.1146 |
| March | 15.5356 | 15.0775 | 15.3145 |
| April | 15.3246 | 14.9319 | 15.0707 |
| May | 15.2382 | 15.0037 | 15.1267 |
| June | 15.2270 | 14.9008 | 15.0183 |
| July | 15.4780 | 14.9065 | 15.1986 |
| August | 15.5262 | 15.1820 | 15.3669 |
| September | 15.4749 | 15.0911 | 15.2156 |
| October | 15.6270 | 15.3108 | 15.3959 |
| November | 15.7800 | 15.2837 | 15.5354 |
| December | 15.9133 | 15.4407 | 15.6056 |