2016 BAM to TOP Historical Review

YEARLY HIGH

1.3331 TOP

YEARLY LOW

1.2021 TOP

YEARLY AVERAGE

1.2742 TOP

2016 BAM to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BAM to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 1.3331. Conversely, the yearly low was recorded on December 19, dropping to 1.2021.

This high-to-low spread represents a total annual volatility of 0.1310 TOP. From a start-to-finish perspective, comparing the January average rate of 1.2534 to the December average rate of 1.2267, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3331 was up 1.69% compared to the 2015 peak of 1.3110, 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 6,666 TOP

2015 Average 6,015 TOP

Yearly Trough Low 6,011 TOP

Transaction Impact: A difference of 654.87 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3082

1.2193

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 1.2853, compared to 1.2630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 1.2853

H2 Avg (Jul–Dec) 1.2630

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0710 TOP (High: 1.3237 / Low: 1.2527). On the other end, September was the most stable month, with a tight range of 0.0176 TOP (High: 1.2972 / Low: 1.2796).

June Spread (Volatile) ±0.0710

September Spread (Stable) ±0.0176

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 September and October, when the average rate fell by 0.0348 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.2924) against the same month in 2015 (average: 1.1654), the exchange rate shifted by +0.1270 (+10.90%).

2016 Avg (February) 1.2924

2015 Avg (February) 1.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2814	1.2310	1.2534
February	1.3331	1.2657	1.2924
March	1.2983	1.2603	1.2827
April	1.3068	1.2684	1.2922
May	1.3145	1.2919	1.3008
June	1.3237	1.2527	1.2903
July	1.3051	1.2705	1.2814
August	1.3084	1.2774	1.2932
September	1.2972	1.2796	1.2883
October	1.2923	1.2281	1.2535
November	1.2814	1.2137	1.2349
December	1.2440	1.2021	1.2267