YEARLY HIGH
0.0626 BAM
YEARLY LOW
0.0570 BAM
YEARLY AVERAGE
0.0598 BAM

2018 ETB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.0626. Conversely, the yearly low was recorded on February 17, dropping to 0.0570.

This high-to-low spread represents a total annual volatility of 0.0056 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0609, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0626 was down 25.17% compared to the 2017 peak of 0.0836, 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 313 BAM
2017 Average 364 BAM
Yearly Trough Low 285 BAM
Transaction Impact: A difference of 27.88 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0617
0.0572
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 0.0587, compared to 0.0609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0587
H2 Avg (Jul–Dec) 0.0609

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0027 BAM (High: 0.0598 / Low: 0.0571). On the other end, March was the most stable month, with a tight range of 0.0013 BAM (High: 0.0584 / Low: 0.0572).

January Spread (Volatile) ±0.0027
March Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0613) against the same month in 2017 (average: 0.0710), the exchange rate shifted by -0.0097 (-13.67%).

2018 Avg (August) 0.0613
2017 Avg (August) 0.0710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0598 0.0571 0.0585
February 0.0583 0.0570 0.0576
March 0.0584 0.0572 0.0577
April 0.0588 0.0574 0.0579
May 0.0615 0.0588 0.0601
June 0.0615 0.0600 0.0608
July 0.0612 0.0591 0.0606
August 0.0626 0.0603 0.0613
September 0.0612 0.0593 0.0603
October 0.0622 0.0602 0.0611
November 0.0622 0.0596 0.0613
December 0.0616 0.0601 0.0609