2022 ARS to BAM Historical Review

YEARLY HIGH

0.0168 BAM

YEARLY LOW

0.0104 BAM

YEARLY AVERAGE

0.0145 BAM

2022 ARS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ARS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0168. Conversely, the yearly low was recorded on December 31, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0065 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0107, the exchange rate registered a net change of -35.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0168 was down 11.37% compared to the 2021 peak of 0.0190, 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 84 BAM

2021 Average 87 BAM

Yearly Trough Low 52 BAM

Transaction Impact: A difference of 32.38 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0172

0.0101

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 0.0160, compared to 0.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0160

H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0014 BAM (High: 0.0126 / Low: 0.0112). On the other end, April was the most stable month, with a tight range of 0.0003 BAM (High: 0.0162 / Low: 0.0158).

November Spread (Volatile) ±0.0014

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0166) against the same month in 2021 (average: 0.0187), the exchange rate shifted by -0.0021 (-11.08%).

2022 Avg (January) 0.0166

2021 Avg (January) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0168	0.0164	0.0166
February	0.0165	0.0161	0.0162
March	0.0166	0.0158	0.0162
April	0.0162	0.0158	0.0159
May	0.0161	0.0151	0.0157
June	0.0153	0.0148	0.0151
July	0.0153	0.0146	0.0149
August	0.0145	0.0141	0.0143
September	0.0141	0.0135	0.0138
October	0.0136	0.0125	0.0131
November	0.0126	0.0112	0.0118
December	0.0112	0.0104	0.0107