2014 ZAR to BWP Historical Review

YEARLY HIGH

0.8426 BWP

YEARLY LOW

0.8023 BWP

YEARLY AVERAGE

0.8278 BWP

2014 ZAR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.8426. Conversely, the yearly low was recorded on January 29, dropping to 0.8023.

This high-to-low spread represents a total annual volatility of 0.0403 BWP. From a start-to-finish perspective, comparing the January average rate of 0.8229 to the December average rate of 0.8226, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8426 was down 8.37% compared to the 2013 peak of 0.9196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 42,129 BWP

2013 Average 43,587 BWP

Yearly Trough Low 40,114 BWP

Transaction Impact: A difference of 2,014.83 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8383

0.8173

JanuMarcMayJulySeptNove

ZAR 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 0.8269, compared to 0.8287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.8269

H2 Avg (Jul–Dec) 0.8287

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0309 BWP (High: 0.8332 / Low: 0.8023). On the other end, August was the most stable month, with a tight range of 0.0104 BWP (High: 0.8369 / Low: 0.8265).

January Spread (Volatile) ±0.0309

August Spread (Stable) ±0.0104

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 0.0099 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.8365) against the same month in 2013 (average: 0.8901), the exchange rate shifted by -0.0536 (-6.02%).

2014 Avg (May) 0.8365

2013 Avg (May) 0.8901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8332	0.8023	0.8229
February	0.8282	0.8065	0.8191
March	0.8330	0.8156	0.8234
April	0.8376	0.8247	0.8310
May	0.8426	0.8265	0.8365
June	0.8343	0.8204	0.8285
July	0.8378	0.8226	0.8292
August	0.8369	0.8265	0.8326
September	0.8384	0.8199	0.8279
October	0.8383	0.8196	0.8277
November	0.8387	0.8261	0.8324
December	0.8382	0.8122	0.8226