2021 ZMK to BWP Historical Review

YEARLY HIGH

11.8414 BWP

YEARLY LOW

10.5476 BWP

YEARLY AVERAGE

11.0854 BWP

2021 ZMK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZMK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 11.8414. Conversely, the yearly low was recorded on June 7, dropping to 10.5476.

This high-to-low spread represents a total annual volatility of 1.2938 BWP. From a start-to-finish perspective, comparing the January average rate of 10.9734 to the December average rate of 11.7260, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.8414 was down 4.06% compared to the 2020 peak of 12.3419, 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 59,207 BWP

2020 Average 57,228 BWP

Yearly Trough Low 52,738 BWP

Transaction Impact: A difference of 6,469.20 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.8268

10.6179

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 10.8795, compared to 11.2913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4118 points.

H1 Avg (Jan–Jun) 10.8795

H2 Avg (Jul–Dec) 11.2913

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4916 BWP (High: 11.8286 / Low: 11.3370). On the other end, February was the most stable month, with a tight range of 0.2147 BWP (High: 10.9959 / Low: 10.7812).

November Spread (Volatile) ±0.4916

February Spread (Stable) ±0.2147

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.1585 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 11.7260) against the same month in 2020 (average: 10.8939), the exchange rate shifted by +0.8322 (+7.64%).

2021 Avg (December) 11.7260

2020 Avg (December) 10.8939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0914	10.7537	10.9734
February	10.9959	10.7812	10.8945
March	11.2218	10.9426	11.0513
April	11.0774	10.7695	10.8928
May	10.9179	10.6051	10.7463
June	10.9158	10.5476	10.7186
July	11.1497	10.8340	11.0007
August	11.3324	10.9305	11.1404
September	11.3382	10.9045	11.0736
October	11.3986	11.1346	11.2501
November	11.8286	11.3370	11.5568
December	11.8414	11.6151	11.7260