YEARLY HIGH
12.3419 BWP
YEARLY LOW
10.5908 BWP
YEARLY AVERAGE
11.4451 BWP

2020 ZMK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZMK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 12.3419. Conversely, the yearly low was recorded on January 2, dropping to 10.5908.

This high-to-low spread represents a total annual volatility of 1.7511 BWP. From a start-to-finish perspective, comparing the January average rate of 10.7245 to the December average rate of 10.8939, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.3419 was up 11.20% compared to the 2019 peak of 11.0991, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,710 BWP
2019 Average 53,782 BWP
Yearly Trough Low 52,954 BWP
Transaction Impact: A difference of 8,755.73 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.3111
10.5802
JanuMarcMayJulySeptNove

ZMK 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 11.5178, compared to 11.3724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1454 points.

H1 Avg (Jan–Jun) 11.5178
H2 Avg (Jul–Dec) 11.3724

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9050 BWP (High: 11.9478 / Low: 11.0427). On the other end, February was the most stable month, with a tight range of 0.2426 BWP (High: 11.1170 / Low: 10.8744).

March Spread (Volatile) ±0.9050
February Spread (Stable) ±0.2426

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.3536 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 12.1668) against the same month in 2019 (average: 10.6495), the exchange rate shifted by +1.5173 (+14.25%).

2020 Avg (April) 12.1668
2019 Avg (April) 10.6495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9160 10.5908 10.7245
February 11.1170 10.8744 10.9944
March 11.9478 11.0427 11.4574
April 12.3419 11.9020 12.1668
May 12.2037 11.8156 12.0587
June 11.8301 11.4913 11.7051
July 11.8014 11.4114 11.5837
August 11.8193 11.4584 11.6383
September 11.6842 11.3048 11.5067
October 11.5838 11.3338 11.4555
November 11.4297 11.0327 11.1565
December 11.0859 10.7731 10.8939