2014 SZL to BWP Historical Review

YEARLY HIGH

0.8417 BWP

YEARLY LOW

0.8078 BWP

YEARLY AVERAGE

0.8276 BWP

2014 SZL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.8417. Conversely, the yearly low was recorded on January 29, dropping to 0.8078.

This high-to-low spread represents a total annual volatility of 0.0339 BWP. From a start-to-finish perspective, comparing the January average rate of 0.8227 to the December average rate of 0.8222, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8417 was down 8.34% compared to the 2013 peak of 0.9183, 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 4,209 BWP

2013 Average 4,358 BWP

Yearly Trough Low 4,039 BWP

Transaction Impact: A difference of 169.51 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8379

0.8162

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 0.8266, compared to 0.8286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.8266

H2 Avg (Jul–Dec) 0.8286

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0248 BWP (High: 0.8371 / Low: 0.8123). On the other end, June was the most stable month, with a tight range of 0.0079 BWP (High: 0.8311 / Low: 0.8232).

December Spread (Volatile) ±0.0248

June Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.8361) against the same month in 2013 (average: 0.8902), the exchange rate shifted by -0.0541 (-6.08%).

2014 Avg (May) 0.8361

2013 Avg (May) 0.8902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8314	0.8078	0.8227
February	0.8270	0.8106	0.8180
March	0.8311	0.8181	0.8237
April	0.8348	0.8253	0.8306
May	0.8417	0.8292	0.8361
June	0.8311	0.8232	0.8283
July	0.8372	0.8230	0.8289
August	0.8355	0.8274	0.8321
September	0.8367	0.8205	0.8283
October	0.8352	0.8205	0.8274
November	0.8387	0.8270	0.8328
December	0.8371	0.8123	0.8222