2020 BAM to TOP Historical Review

YEARLY HIGH

1.4329 TOP

YEARLY LOW

1.2759 TOP

YEARLY AVERAGE

1.3425 TOP

2020 BAM to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BAM to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.4329. Conversely, the yearly low was recorded on May 11, dropping to 1.2759.

This high-to-low spread represents a total annual volatility of 0.1570 TOP. From a start-to-finish perspective, comparing the January average rate of 1.3038 to the December average rate of 1.4212, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4329 was up 7.13% compared to the 2019 peak of 1.3376, 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 7,164 TOP

2019 Average 6,557 TOP

Yearly Trough Low 6,380 TOP

Transaction Impact: A difference of 784.92 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4347

1.2730

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 1.3024, compared to 1.3826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0802 points.

H1 Avg (Jan–Jun) 1.3024

H2 Avg (Jul–Dec) 1.3826

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0674 TOP (High: 1.3780 / Low: 1.3106). On the other end, January was the most stable month, with a tight range of 0.0140 TOP (High: 1.3109 / Low: 1.2969).

July Spread (Volatile) ±0.0674

January Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0308 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.4212) against the same month in 2019 (average: 1.3064), the exchange rate shifted by +0.1149 (+8.79%).

2020 Avg (December) 1.4212

2019 Avg (December) 1.3064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3109	1.2969	1.3038
February	1.3118	1.2775	1.2922
March	1.3512	1.3033	1.3281
April	1.3137	1.2803	1.2973
May	1.3046	1.2759	1.2865
June	1.3196	1.2944	1.3065
July	1.3780	1.3106	1.3337
August	1.3937	1.3664	1.3788
September	1.3878	1.3658	1.3776
October	1.4083	1.3791	1.3920
November	1.4016	1.3837	1.3923
December	1.4329	1.4001	1.4212