2018 HNL to BAM Historical Review

YEARLY HIGH

0.0754 BAM

YEARLY LOW

0.0663 BAM

YEARLY AVERAGE

0.0692 BAM

2018 HNL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0754. Conversely, the yearly low was recorded on February 15, dropping to 0.0663.

This high-to-low spread represents a total annual volatility of 0.0090 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.0708, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0754 was down 7.08% compared to the 2017 peak of 0.0811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 377 BAM

2017 Average 370 BAM

Yearly Trough Low 332 BAM

Transaction Impact: A difference of 45.13 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0712

0.0667

JanuMarcMayJulySeptNove

HNL 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 0.0681, compared to 0.0703 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) 0.0681

H2 Avg (Jul–Dec) 0.0703

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0055 BAM (High: 0.0754 / Low: 0.0699). On the other end, March was the most stable month, with a tight range of 0.0013 BAM (High: 0.0679 / Low: 0.0666).

December Spread (Volatile) ±0.0055

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 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0708) against the same month in 2017 (average: 0.0699), the exchange rate shifted by +0.0010 (+1.37%).

2018 Avg (December) 0.0708

2017 Avg (December) 0.0699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0693	0.0665	0.0679
February	0.0679	0.0663	0.0671
March	0.0679	0.0666	0.0671
April	0.0684	0.0667	0.0672
May	0.0709	0.0685	0.0695
June	0.0708	0.0688	0.0699
July	0.0703	0.0678	0.0696
August	0.0719	0.0693	0.0705
September	0.0704	0.0681	0.0696
October	0.0717	0.0691	0.0707
November	0.0720	0.0689	0.0707
December	0.0754	0.0699	0.0708