2014 FJD to BAM Historical Review

YEARLY HIGH

0.8147 BAM

YEARLY LOW

0.7514 BAM

YEARLY AVERAGE

0.7843 BAM

2014 FJD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.8147. Conversely, the yearly low was recorded on March 17, dropping to 0.7514.

This high-to-low spread represents a total annual volatility of 0.0633 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7621 to the December average rate of 0.8029, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8147 was down 5.31% compared to the 2013 peak of 0.8604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,074 BAM

2013 Average 4,028 BAM

Yearly Trough Low 3,757 BAM

Transaction Impact: A difference of 316.56 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8108

0.7562

JanuMarcMayJulySeptNove

FJD 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 0.7697, compared to 0.7989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.7697

H2 Avg (Jul–Dec) 0.7989

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0235 BAM (High: 0.7749 / Low: 0.7514). On the other end, April was the most stable month, with a tight range of 0.0081 BAM (High: 0.7744 / Low: 0.7663).

March Spread (Volatile) ±0.0235

April Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0034 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.8043) against the same month in 2013 (average: 0.7858), the exchange rate shifted by +0.0185 (+2.36%).

2014 Avg (September) 0.8043

2013 Avg (September) 0.7858

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7697	0.7547	0.7621
February	0.7700	0.7585	0.7634
March	0.7749	0.7514	0.7607
April	0.7744	0.7663	0.7714
May	0.7813	0.7675	0.7765
June	0.7924	0.7777	0.7842
July	0.7928	0.7816	0.7867
August	0.8038	0.7858	0.7919
September	0.8147	0.7976	0.8043
October	0.8098	0.7937	0.8015
November	0.8139	0.8018	0.8063
December	0.8138	0.7921	0.8029