2019 TOP to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 4.8699. Conversely, the yearly low was recorded on January 20, dropping to 4.5798.
This high-to-low spread represents a total annual volatility of 0.2901 BWP. From a start-to-finish perspective, comparing the January average rate of 4.6482 to the December average rate of 4.6714, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 4.8699 was up 1.92% compared to the 2018 peak of 4.7783, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.6893, compared to 4.7013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0121 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 0.2415 BWP (High: 4.8699 / Low: 4.6283). On the other end, July was the most stable month, with a tight range of 0.0629 BWP (High: 4.7017 / Low: 4.6388).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0627 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 4.6936) against the same month in 2018 (average: 4.3450), the exchange rate shifted by +0.3486 (+8.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7449 | 4.5798 | 4.6482 |
| February | 4.6883 | 4.5896 | 4.6467 |
| March | 4.7884 | 4.6542 | 4.7305 |
| April | 4.8699 | 4.6283 | 4.6936 |
| May | 4.7470 | 4.6481 | 4.6934 |
| June | 4.8000 | 4.6575 | 4.7233 |
| July | 4.7017 | 4.6388 | 4.6606 |
| August | 4.7895 | 4.6745 | 4.7542 |
| September | 4.8002 | 4.6670 | 4.7158 |
| October | 4.7560 | 4.6506 | 4.7055 |
| November | 4.7452 | 4.6768 | 4.7005 |
| December | 4.7130 | 4.6296 | 4.6714 |