2014 IMP to BAM Historical Review

YEARLY HIGH

1.6146 BAM

YEARLY LOW

1.4051 BAM

YEARLY AVERAGE

1.4751 BAM

2014 IMP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IMP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.6146. Conversely, the yearly low was recorded on March 18, dropping to 1.4051.

This high-to-low spread represents a total annual volatility of 0.2094 BAM. From a start-to-finish perspective, comparing the January average rate of 1.4365 to the December average rate of 1.5896, the exchange rate registered a net change of 10.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6146 was up 5.61% compared to the 2013 peak of 1.5287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,073 BAM

2013 Average 7,370 BAM

Yearly Trough Low 7,026 BAM

Transaction Impact: A difference of 1,047.20 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6071

1.3981

JanuMarcMayJulySeptNove

IMP 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 1.4276, compared to 1.5226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0949 points.

H1 Avg (Jan–Jun) 1.4276

H2 Avg (Jul–Dec) 1.5226

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0589 BAM (High: 1.5477 / Low: 1.4889). On the other end, June was the most stable month, with a tight range of 0.0145 BAM (High: 1.4457 / Low: 1.4312).

September Spread (Volatile) ±0.0589

June Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0175 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5896) against the same month in 2013 (average: 1.4283), the exchange rate shifted by +0.1614 (+11.30%).

2014 Avg (December) 1.5896

2013 Avg (December) 1.4283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4476	1.4217	1.4365
February	1.4511	1.4234	1.4331
March	1.4245	1.4051	1.4156
April	1.4283	1.4093	1.4172
May	1.4383	1.4064	1.4248
June	1.4457	1.4312	1.4387
July	1.4613	1.4310	1.4447
August	1.4901	1.4574	1.4694
September	1.5477	1.4889	1.5182
October	1.5639	1.5303	1.5445
November	1.5813	1.5606	1.5690
December	1.6146	1.5654	1.5896