2018 TOP to BWP Historical Review

YEARLY HIGH

4.7783 BWP

YEARLY LOW

4.2513 BWP

YEARLY AVERAGE

4.4846 BWP

2018 TOP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 4.7783. Conversely, the yearly low was recorded on March 25, dropping to 4.2513.

This high-to-low spread represents a total annual volatility of 0.5270 BWP. From a start-to-finish perspective, comparing the January average rate of 4.3365 to the December average rate of 4.6969, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.7783 was up 1.59% compared to the 2017 peak of 4.7035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,891 BWP

2017 Average 22,834 BWP

Yearly Trough Low 21,257 BWP

Transaction Impact: A difference of 2,634.84 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.7363

4.2631

JanuMarcMayJulySeptNove

TOP 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 4.3593, compared to 4.6099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2506 points.

H1 Avg (Jan–Jun) 4.3593

H2 Avg (Jul–Dec) 4.6099

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2657 BWP (High: 4.7078 / Low: 4.4421). On the other end, March was the most stable month, with a tight range of 0.0999 BWP (High: 4.3512 / Low: 4.2513).

August Spread (Volatile) ±0.2657

March Spread (Stable) ±0.0999

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0397 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 4.6969) against the same month in 2017 (average: 4.4390), the exchange rate shifted by +0.2579 (+5.81%).

2018 Avg (December) 4.6969

2017 Avg (December) 4.4390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.3860	4.2575	4.3365
February	4.3857	4.2665	4.3166
March	4.3512	4.2513	4.3025
April	4.4460	4.2853	4.3450
May	4.4766	4.3072	4.3810
June	4.5649	4.3774	4.4742
July	4.5293	4.3988	4.4516
August	4.7078	4.4421	4.5761
September	4.7774	4.5740	4.6690
October	4.7247	4.6028	4.6293
November	4.6941	4.5880	4.6364
December	4.7783	4.5727	4.6969