BWP/ZAR - Seasonality

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BWP/ZAR - Seasonality

Seasonality Charts

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Correlation

Election

63.17%

2010

67.25%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	80%	50%	60%	60%	70%	50%	50%	60%	56%	67%	78%	56%
Average return %	-0.51%	+0.34%	+0.75%	+0.64%	-0.41%	-0.21%	-0.34%	+0.90%	+0.03%	+0.09%	-1.27%	-0.64%
2026	-1.60%	-0.73%	+2.50%	-0.78%	-1.44%	-2.27%	+0.54%	-1.61%	+0.34%	--	--	--
2025	-0.59%	+0.01%	+0.92%	+1.18%	-2.19%	+0.32%	-0.14%	-1.33%	-1.07%	-0.46%	-0.75%	-1.41%
2024	-0.77%	+1.84%	-0.85%	-0.43%	-0.54%	-1.81%	+0.39%	-1.28%	-0.30%	+0.26%	-0.30%	+1.37%
2023	+1.94%	+1.61%	-1.87%	+2.49%	+3.45%	-2.41%	-2.83%	+3.20%	-1.79%	-1.10%	+2.30%	-1.26%
2022	-2.22%	-0.18%	-4.67%	+3.81%	-0.37%	+0.41%	+0.35%	+1.33%	+2.38%	+0.24%	-3.75%	+0.78%
2021	-0.20%	-0.10%	-1.97%	+0.41%	-3.09%	+1.32%	+0.48%	-0.43%	+1.88%	+0.47%	+0.55%	+0.62%
2020	+3.11%	+2.54%	+7.48%	+0.13%	-1.59%	-0.28%	-0.12%	-0.57%	-0.19%	-2.56%	-2.82%	-1.67%
2019	-3.47%	+2.26%	+1.55%	-0.52%	+1.70%	-2.02%	-0.29%	+3.53%	+0.20%	+0.06%	-2.10%	-2.04%
2018	-0.93%	-1.88%	+0.91%	+1.78%	+0.20%	+4.43%	-2.14%	+6.16%	-2.96%	+1.76%	-3.53%	+2.53%
2017	-0.40%	-2.00%	+3.48%	-1.63%	-0.23%	+0.18%	+0.38%	-0.04%	+2.14%	+2.11%	-1.05%	-4.64%

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