2012 BAM to TOP Historical Review

YEARLY HIGH

1.1781 TOP

YEARLY LOW

1.0851 TOP

YEARLY AVERAGE

1.1414 TOP

2012 BAM to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BAM to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.1781. Conversely, the yearly low was recorded on August 2, dropping to 1.0851.

This high-to-low spread represents a total annual volatility of 0.0930 TOP. From a start-to-finish perspective, comparing the January average rate of 1.1476 to the December average rate of 1.1655, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1781 was down 14.82% compared to the 2011 peak of 1.3830, 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 5,890 TOP

2011 Average 6,241 TOP

Yearly Trough Low 5,425 TOP

Transaction Impact: A difference of 464.93 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1712

1.1030

JanuMarcMayJulySeptNove

BAM to TOP 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 1.1443, compared to 1.1384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 1.1443

H2 Avg (Jul–Dec) 1.1384

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0717 TOP (High: 1.1583 / Low: 1.0866). On the other end, April was the most stable month, with a tight range of 0.0195 TOP (High: 1.1542 / Low: 1.1347).

July Spread (Volatile) ±0.0717

April Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0287 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 1.1391) against the same month in 2011 (average: 1.1850), the exchange rate shifted by -0.0460 (-3.88%).

2012 Avg (November) 1.1391

2011 Avg (November) 1.1850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1674	1.1331	1.1476
February	1.1667	1.1267	1.1433
March	1.1523	1.1190	1.1382
April	1.1542	1.1347	1.1439
May	1.1707	1.1078	1.1474
June	1.1575	1.1349	1.1455
July	1.1583	1.0866	1.1168
August	1.1253	1.0851	1.1087
September	1.1610	1.1253	1.1455
October	1.1677	1.1339	1.1547
November	1.1781	1.1130	1.1391
December	1.1733	1.1512	1.1655