2015 JEP to BAM Historical Review

YEARLY HIGH

1.8641 BAM

YEARLY LOW

1.6214 BAM

YEARLY AVERAGE

1.7629 BAM

2015 JEP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the JEP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.8641. Conversely, the yearly low was recorded on January 2, dropping to 1.6214.

This high-to-low spread represents a total annual volatility of 0.2427 BAM. From a start-to-finish perspective, comparing the January average rate of 1.6824 to the December average rate of 1.7944, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.8641 was up 15.46% compared to the 2014 peak of 1.6146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,321 BAM

2014 Average 7,377 BAM

Yearly Trough Low 8,107 BAM

Transaction Impact: A difference of 1,213.38 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.8372

1.6683

JanuMarcMayJulySeptNove

JEP 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 1.7531, compared to 1.7728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 1.7531

H2 Avg (Jul–Dec) 1.7728

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1287 BAM (High: 1.7501 / Low: 1.6214). On the other end, September was the most stable month, with a tight range of 0.0367 BAM (High: 1.7551 / Low: 1.7184).

January Spread (Volatile) ±0.1287

September Spread (Stable) ±0.0367

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0576 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.8072) against the same month in 2014 (average: 1.4156), the exchange rate shifted by +0.3917 (+27.67%).

2015 Avg (March) 1.8072

2014 Avg (March) 1.4156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7501	1.6214	1.6824
February	1.7467	1.7052	1.7233
March	1.8641	1.7480	1.8072
April	1.8490	1.7512	1.8100
May	1.7943	1.7089	1.7524
June	1.7882	1.7211	1.7435
July	1.8064	1.7546	1.7779
August	1.7929	1.6962	1.7570
September	1.7551	1.7184	1.7407
October	1.7847	1.7073	1.7435
November	1.8497	1.7754	1.8231
December	1.8431	1.7790	1.7944