2015 ZMW to BWP Historical Review

YEARLY HIGH

11.3114 BWP

YEARLY LOW

9.5077 BWP

YEARLY AVERAGE

10.1294 BWP

2015 ZMW to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZMW to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 11.3114. Conversely, the yearly low was recorded on February 7, dropping to 9.5077.

This high-to-low spread represents a total annual volatility of 1.8037 BWP. From a start-to-finish perspective, comparing the January average rate of 9.5856 to the December average rate of 11.0318, the exchange rate registered a net change of 15.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 11.3114 was up 18.42% compared to the 2014 peak of 9.5520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,557 BWP

2014 Average 44,888 BWP

Yearly Trough Low 47,538 BWP

Transaction Impact: A difference of 9,018.54 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

11.1765

9.4409

JanuMarcMayJulySeptNove

ZMW 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 9.7881, compared to 10.4707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6826 points.

H1 Avg (Jan–Jun) 9.7881

H2 Avg (Jul–Dec) 10.4707

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.6457 BWP (High: 11.3114 / Low: 10.6657). On the other end, January was the most stable month, with a tight range of 0.1348 BWP (High: 9.6550 / Low: 9.5202).

December Spread (Volatile) ±0.6457

January Spread (Stable) ±0.1348

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 0.0915 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 11.0318) against the same month in 2014 (average: 9.4570), the exchange rate shifted by +1.5748 (+16.65%).

2015 Avg (December) 11.0318

2014 Avg (December) 9.4570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6550	9.5202	9.5856
February	9.7058	9.5077	9.6106
March	10.1462	9.6326	9.9152
April	10.0111	9.7487	9.8876
May	9.9208	9.6790	9.7961
June	10.0745	9.8238	9.9333
July	10.1294	9.9087	10.0233
August	10.3346	10.1053	10.1847
September	10.6090	10.2660	10.4505
October	10.5759	10.1940	10.3998
November	10.8746	10.5357	10.7340
December	11.3114	10.6657	11.0318