2016 BGN to BAM Historical Review

YEARLY HIGH

1.0081 BAM

YEARLY LOW

0.9939 BAM

YEARLY AVERAGE

1.0002 BAM

2016 BGN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.0081. Conversely, the yearly low was recorded on November 16, dropping to 0.9939.

This high-to-low spread represents a total annual volatility of 0.0141 BAM. From a start-to-finish perspective, comparing the January average rate of 0.9999 to the December average rate of 1.0004, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0081 was up 0.16% compared to the 2015 peak of 1.0065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,040 BAM

2015 Average 5,000 BAM

Yearly Trough Low 4,970 BAM

Transaction Impact: A difference of 70.74 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0007

0.9998

JanuMarcMayJulySeptNove

BGN 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 0.9999, compared to 1.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.9999

H2 Avg (Jul–Dec) 1.0004

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0109 BAM (High: 1.0081 / Low: 0.9972). On the other end, April was the most stable month, with a tight range of 0.0011 BAM (High: 1.0004 / Low: 0.9993).

December Spread (Volatile) ±0.0109

April Spread (Stable) ±0.0011

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0004) against the same month in 2015 (average: 1.0000), the exchange rate shifted by +0.0005 (+0.05%).

2016 Avg (December) 1.0004

2015 Avg (December) 1.0000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0005	0.9993	0.9999
February	1.0008	0.9989	0.9999
March	1.0014	0.9995	1.0001
April	1.0004	0.9993	0.9999
May	1.0008	0.9986	0.9999
June	1.0037	0.9981	1.0000
July	1.0017	0.9994	1.0004
August	1.0020	0.9998	1.0006
September	1.0015	0.9987	1.0004
October	1.0011	0.9990	1.0002
November	1.0022	0.9939	1.0003
December	1.0081	0.9972	1.0004