2019 ARS to BAM Historical Review

YEARLY HIGH

0.0465 BAM

YEARLY LOW

0.0290 BAM

YEARLY AVERAGE

0.0373 BAM

2019 ARS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0465. Conversely, the yearly low was recorded on August 14, dropping to 0.0290.

This high-to-low spread represents a total annual volatility of 0.0174 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0294, the exchange rate registered a net change of -35.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0465 was down 47.32% compared to the 2018 peak of 0.0882, 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 232 BAM

2018 Average 314 BAM

Yearly Trough Low 145 BAM

Transaction Impact: A difference of 87.24 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0475

0.0278

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 0.0420, compared to 0.0327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.0420

H2 Avg (Jul–Dec) 0.0327

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0108 BAM (High: 0.0399 / Low: 0.0290). On the other end, November was the most stable month, with a tight range of 0.0005 BAM (High: 0.0299 / Low: 0.0294).

August Spread (Volatile) ±0.0108

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0458) against the same month in 2018 (average: 0.0845), the exchange rate shifted by -0.0387 (-45.77%).

2019 Avg (January) 0.0458

2018 Avg (January) 0.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0465	0.0452	0.0458
February	0.0461	0.0435	0.0450
March	0.0433	0.0395	0.0419
April	0.0418	0.0383	0.0404
May	0.0395	0.0386	0.0390
June	0.0406	0.0385	0.0397
July	0.0418	0.0400	0.0411
August	0.0399	0.0290	0.0341
September	0.0321	0.0298	0.0314
October	0.0312	0.0294	0.0303
November	0.0299	0.0294	0.0296
December	0.0298	0.0291	0.0294