2020 SZL to BWP Historical Review

YEARLY HIGH

0.7568 BWP

YEARLY LOW

0.6458 BWP

YEARLY AVERAGE

0.6978 BWP

2020 SZL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7568. Conversely, the yearly low was recorded on April 26, dropping to 0.6458.

This high-to-low spread represents a total annual volatility of 0.1109 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7471 to the December average rate of 0.7312, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7568 was down 3.21% compared to the 2019 peak of 0.7818, 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 3,784 BWP

2019 Average 3,725 BWP

Yearly Trough Low 3,229 BWP

Transaction Impact: A difference of 554.62 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7562

0.6466

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 0.6955, compared to 0.7000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.6955

H2 Avg (Jul–Dec) 0.7000

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0772 BWP (High: 0.7242 / Low: 0.6470). On the other end, February was the most stable month, with a tight range of 0.0146 BWP (High: 0.7388 / Low: 0.7242).

March Spread (Volatile) ±0.0772

February Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between August and December, 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 0.0440 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.7471) against the same month in 2019 (average: 0.7592), the exchange rate shifted by -0.0121 (-1.60%).

2020 Avg (January) 0.7471

2019 Avg (January) 0.7592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7568	0.7380	0.7471
February	0.7388	0.7242	0.7336
March	0.7242	0.6470	0.6896
April	0.6758	0.6458	0.6557
May	0.6803	0.6487	0.6635
June	0.6938	0.6773	0.6835
July	0.7016	0.6816	0.6911
August	0.6931	0.6671	0.6767
September	0.6994	0.6811	0.6873
October	0.7029	0.6866	0.6957
November	0.7297	0.6994	0.7182
December	0.7401	0.7199	0.7312