2014 ETB to BAM Historical Review

YEARLY HIGH

0.0798 BAM

YEARLY LOW

0.0720 BAM

YEARLY AVERAGE

0.0750 BAM

2014 ETB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0798. Conversely, the yearly low was recorded on May 6, dropping to 0.0720.

This high-to-low spread represents a total annual volatility of 0.0078 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0749 to the December average rate of 0.0788, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0798 was down 4.00% compared to the 2013 peak of 0.0831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 399 BAM

2013 Average 394 BAM

Yearly Trough Low 360 BAM

Transaction Impact: A difference of 39.03 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0794

0.0723

JanuMarcMayJulySeptNove

ETB 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 0.0737, compared to 0.0763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0737

H2 Avg (Jul–Dec) 0.0763

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0027 BAM (High: 0.0776 / Low: 0.0749). On the other end, June was the most stable month, with a tight range of 0.0008 BAM (High: 0.0738 / Low: 0.0730).

September Spread (Volatile) ±0.0027

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0788) against the same month in 2013 (average: 0.0748), the exchange rate shifted by +0.0040 (+5.37%).

2014 Avg (December) 0.0788

2013 Avg (December) 0.0748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0754	0.0743	0.0749
February	0.0761	0.0737	0.0745
March	0.0739	0.0729	0.0734
April	0.0735	0.0722	0.0729
May	0.0736	0.0720	0.0730
June	0.0738	0.0730	0.0735
July	0.0739	0.0728	0.0732
August	0.0748	0.0737	0.0741
September	0.0776	0.0749	0.0761
October	0.0779	0.0764	0.0772
November	0.0786	0.0777	0.0781
December	0.0798	0.0776	0.0788