2014 BND to BAM Historical Review

YEARLY HIGH

1.2201 BAM

YEARLY LOW

1.1113 BAM

YEARLY AVERAGE

1.1638 BAM

2014 BND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 1.2201. Conversely, the yearly low was recorded on March 18, dropping to 1.1113.

This high-to-low spread represents a total annual volatility of 0.1088 BAM. From a start-to-finish perspective, comparing the January average rate of 1.1288 to the December average rate of 1.2075, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2201 was down 0.95% compared to the 2013 peak of 1.2318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,100 BAM

2013 Average 5,892 BAM

Yearly Trough Low 5,556 BAM

Transaction Impact: A difference of 543.89 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2208

1.1080

JanuMarcMayJulySeptNove

BND 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 1.1325, compared to 1.1951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0626 points.

H1 Avg (Jan–Jun) 1.1325

H2 Avg (Jul–Dec) 1.1951

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0260 BAM (High: 1.1739 / Low: 1.1479). On the other end, April was the most stable month, with a tight range of 0.0084 BAM (High: 1.1329 / Low: 1.1245).

July Spread (Volatile) ±0.0260

April Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0140 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1.2114) against the same month in 2013 (average: 1.1541), the exchange rate shifted by +0.0573 (+4.96%).

2014 Avg (October) 1.2114

2013 Avg (October) 1.1541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1361	1.1162	1.1288
February	1.1406	1.1233	1.1314
March	1.1302	1.1113	1.1174
April	1.1329	1.1245	1.1291
May	1.1457	1.1259	1.1380
June	1.1578	1.1435	1.1502
July	1.1739	1.1479	1.1622
August	1.1912	1.1660	1.1768
September	1.2147	1.1894	1.2013
October	1.2201	1.2029	1.2114
November	1.2185	1.1974	1.2113
December	1.2189	1.1955	1.2075