2014 AFN to BAM Historical Review

YEARLY HIGH

0.0277 BAM

YEARLY LOW

0.0247 BAM

YEARLY AVERAGE

0.0259 BAM

2014 AFN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0277. Conversely, the yearly low was recorded on March 8, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0030 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0255 to the December average rate of 0.0274, the exchange rate registered a net change of 7.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0277 was down 4.99% compared to the 2013 peak of 0.0292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139 BAM

2013 Average 135 BAM

Yearly Trough Low 123 BAM

Transaction Impact: A difference of 15.19 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0277

0.0246

JanuMarcMayJulySeptNove

AFN to BAM 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 0.0251, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0011 BAM (High: 0.0260 / Low: 0.0249). On the other end, March was the most stable month, with a tight range of 0.0003 BAM (High: 0.0250 / Low: 0.0247).

July Spread (Volatile) ±0.0011

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0274) against the same month in 2013 (average: 0.0250), the exchange rate shifted by +0.0024 (+9.44%).

2014 Avg (December) 0.0274

2013 Avg (December) 0.0250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0258	0.0250	0.0255
February	0.0257	0.0249	0.0253
March	0.0250	0.0247	0.0249
April	0.0252	0.0247	0.0249
May	0.0253	0.0247	0.0251
June	0.0252	0.0249	0.0251
July	0.0260	0.0249	0.0254
August	0.0264	0.0256	0.0261
September	0.0272	0.0264	0.0267
October	0.0274	0.0265	0.0270
November	0.0274	0.0269	0.0272
December	0.0277	0.0270	0.0274