2014 BAM to LTL Historical Review

YEARLY HIGH

1.7673 LTL

YEARLY LOW

1.7583 LTL

YEARLY AVERAGE

1.7645 LTL

2014 BAM to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.7673. Conversely, the yearly low was recorded on November 2, dropping to 1.7583.

This high-to-low spread represents a total annual volatility of 0.0090 LTL. From a start-to-finish perspective, comparing the January average rate of 1.7646 to the December average rate of 1.7646, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7673 was down 0.40% compared to the 2013 peak of 1.7744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,837 LTL

2013 Average 8,822 LTL

Yearly Trough Low 8,792 LTL

Transaction Impact: A difference of 45.14 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7648

1.7642

JanuMarcMayJulySeptNove

BAM to LTL 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 1.7644, compared to 1.7645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.7644

H2 Avg (Jul–Dec) 1.7645

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0077 LTL (High: 1.7660 / Low: 1.7583). On the other end, April was the most stable month, with a tight range of 0.0018 LTL (High: 1.7649 / Low: 1.7631).

November Spread (Volatile) ±0.0077

April Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.7646) against the same month in 2013 (average: 1.7645), the exchange rate shifted by +0.0001 (+0.00%).

2014 Avg (December) 1.7646

2013 Avg (December) 1.7645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7656	1.7635	1.7646
February	1.7650	1.7602	1.7642
March	1.7653	1.7605	1.7643
April	1.7649	1.7631	1.7644
May	1.7660	1.7628	1.7645
June	1.7652	1.7632	1.7645
July	1.7662	1.7643	1.7647
August	1.7652	1.7608	1.7644
September	1.7657	1.7618	1.7645
October	1.7668	1.7625	1.7645
November	1.7660	1.7583	1.7644
December	1.7673	1.7603	1.7646