2012 GIP to BAM Historical Review

YEARLY HIGH

2.5559 BAM

YEARLY LOW

2.3092 BAM

YEARLY AVERAGE

2.4154 BAM

2012 GIP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GIP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.5559. Conversely, the yearly low was recorded on February 23, dropping to 2.3092.

This high-to-low spread represents a total annual volatility of 0.2467 BAM. From a start-to-finish perspective, comparing the January average rate of 2.3536 to the December average rate of 2.3969, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.5559 was up 8.36% compared to the 2011 peak of 2.3588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,779 BAM

2011 Average 11,279 BAM

Yearly Trough Low 11,546 BAM

Transaction Impact: A difference of 1,233.57 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.5266

2.3238

JanuMarcMayJulySeptNove

GIP 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 2.3802, compared to 2.4507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0705 points.

H1 Avg (Jan–Jun) 2.3802

H2 Avg (Jul–Dec) 2.4507

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1212 BAM (High: 2.5559 / Low: 2.4347). On the other end, March was the most stable month, with a tight range of 0.0274 BAM (High: 2.3574 / Low: 2.3300).

July Spread (Volatile) ±0.1212

March Spread (Stable) ±0.0274

Growth Streaks & Declines

Trends

Between February and May, 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 0.0620 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 2.5097) against the same month in 2011 (average: 2.2102), the exchange rate shifted by +0.2995 (+13.55%).

2012 Avg (July) 2.5097

2011 Avg (July) 2.2102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3741	2.3346	2.3536
February	2.3630	2.3092	2.3407
March	2.3574	2.3300	2.3457
April	2.4040	2.3386	2.3804
May	2.4533	2.4035	2.4351
June	2.4502	2.4015	2.4257
July	2.5559	2.4347	2.5097
August	2.5299	2.4782	2.5026
September	2.4819	2.4005	2.4406
October	2.4395	2.3961	2.4176
November	2.4547	2.4116	2.4366
December	2.4248	2.3741	2.3969