2018 ARS to BAM Historical Review

YEARLY HIGH

0.0882 BAM

YEARLY LOW

0.0403 BAM

YEARLY AVERAGE

0.0629 BAM

2018 ARS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ARS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0882. Conversely, the yearly low was recorded on September 30, dropping to 0.0403.

This high-to-low spread represents a total annual volatility of 0.0479 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0845 to the December average rate of 0.0455, the exchange rate registered a net change of -46.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0882 was down 27.42% compared to the 2017 peak of 0.1216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 441 BAM

2017 Average 527 BAM

Yearly Trough Low 202 BAM

Transaction Impact: A difference of 239.47 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0886

0.0393

JanuMarcMayJulySeptNove

ARS 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 0.0758, compared to 0.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.0758

H2 Avg (Jul–Dec) 0.0500

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0190 BAM (High: 0.0622 / Low: 0.0432). On the other end, April was the most stable month, with a tight range of 0.0013 BAM (High: 0.0791 / Low: 0.0778).

August Spread (Volatile) ±0.0190

April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0137 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0845) against the same month in 2017 (average: 0.1158), the exchange rate shifted by -0.0313 (-27.05%).

2018 Avg (January) 0.0845

2017 Avg (January) 0.1158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0882	0.0799	0.0845
February	0.0812	0.0785	0.0799
March	0.0797	0.0774	0.0785
April	0.0791	0.0778	0.0786
May	0.0783	0.0653	0.0704
June	0.0673	0.0581	0.0630
July	0.0618	0.0573	0.0605
August	0.0622	0.0432	0.0571
September	0.0455	0.0403	0.0434
October	0.0481	0.0427	0.0460
November	0.0488	0.0440	0.0472
December	0.0472	0.0447	0.0455