2015 VEF to BWP Historical Review

YEARLY HIGH

1.7896 BWP

YEARLY LOW

1.5036 BWP

YEARLY AVERAGE

1.6032 BWP

2015 VEF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.7896. Conversely, the yearly low was recorded on February 7, dropping to 1.5036.

This high-to-low spread represents a total annual volatility of 0.2860 BWP. From a start-to-finish perspective, comparing the January average rate of 1.5176 to the December average rate of 1.7458, the exchange rate registered a net change of 15.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.7896 was up 18.28% compared to the 2014 peak of 1.5131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,948 BWP

2014 Average 7,130 BWP

Yearly Trough Low 7,518 BWP

Transaction Impact: A difference of 1,429.94 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7686

1.4948

JanuMarcMayJulySeptNove

VEF 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 1.5496, compared to 1.6569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1073 points.

H1 Avg (Jan–Jun) 1.5496

H2 Avg (Jul–Dec) 1.6569

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1021 BWP (High: 1.7896 / Low: 1.6875). On the other end, January was the most stable month, with a tight range of 0.0245 BWP (High: 1.5301 / Low: 1.5056).

December Spread (Volatile) ±0.1021

January Spread (Stable) ±0.0245

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0144 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.7458) against the same month in 2014 (average: 1.4977), the exchange rate shifted by +0.2481 (+16.56%).

2015 Avg (December) 1.7458

2014 Avg (December) 1.4977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5301	1.5056	1.5176
February	1.5391	1.5036	1.5220
March	1.6070	1.5257	1.5702
April	1.5850	1.5428	1.5649
May	1.5708	1.5318	1.5505
June	1.5944	1.5554	1.5721
July	1.6026	1.5681	1.5861
August	1.6351	1.5988	1.6114
September	1.6790	1.6248	1.6538
October	1.6731	1.6131	1.6458
November	1.7215	1.6667	1.6985
December	1.7896	1.6875	1.7458