2011 SZL to BWP Historical Review

YEARLY HIGH

0.9819 BWP

YEARLY LOW

0.8968 BWP

YEARLY AVERAGE

0.9484 BWP

2011 SZL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.9819. Conversely, the yearly low was recorded on November 23, dropping to 0.8968.

This high-to-low spread represents a total annual volatility of 0.0851 BWP. From a start-to-finish perspective, comparing the January average rate of 0.9612 to the December average rate of 0.9181, the exchange rate registered a net change of -4.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9819 was down 0.34% compared to the 2010 peak of 0.9853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,910 BWP

2010 Average 4,660 BWP

Yearly Trough Low 4,484 BWP

Transaction Impact: A difference of 425.69 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9726

0.9119

JanuMarcMayJulySeptNove

SZL 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 0.9586, compared to 0.9383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.9586

H2 Avg (Jul–Dec) 0.9383

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0485 BWP (High: 0.9453 / Low: 0.8968). On the other end, June was the most stable month, with a tight range of 0.0116 BWP (High: 0.9716 / Low: 0.9600).

November Spread (Volatile) ±0.0485

June Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0249 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.9612) against the same month in 2010 (average: 0.9025), the exchange rate shifted by +0.0587 (+6.50%).

2011 Avg (January) 0.9612

2010 Avg (January) 0.9025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9819	0.9387	0.9612
February	0.9538	0.9372	0.9447
March	0.9741	0.9467	0.9569
April	0.9730	0.9541	0.9623
May	0.9730	0.9500	0.9606
June	0.9716	0.9600	0.9659
July	0.9772	0.9582	0.9675
August	0.9721	0.9422	0.9515
September	0.9625	0.9407	0.9502
October	0.9580	0.9118	0.9252
November	0.9453	0.8968	0.9169
December	0.9272	0.9038	0.9181