2016 JEP to BAM Historical Review

YEARLY HIGH

1.8824 BAM

YEARLY LOW

1.6997 BAM

YEARLY AVERAGE

1.7681 BAM

2016 JEP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JEP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.8824. Conversely, the yearly low was recorded on May 2, dropping to 1.6997.

This high-to-low spread represents a total annual volatility of 0.1827 BAM. From a start-to-finish perspective, comparing the January average rate of 1.7998 to the December average rate of 1.8570, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8824 was up 0.98% compared to the 2015 peak of 1.8641, 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 9,412 BAM

2015 Average 8,815 BAM

Yearly Trough Low 8,498 BAM

Transaction Impact: A difference of 913.66 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8702

1.7117

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 1.7522, compared to 1.7839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 1.7522

H2 Avg (Jul–Dec) 1.7839

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0946 BAM (High: 1.8516 / Low: 1.7570). On the other end, September was the most stable month, with a tight range of 0.0174 BAM (High: 1.7548 / Low: 1.7374).

November Spread (Volatile) ±0.0946

September Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0385 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8570) against the same month in 2015 (average: 1.7944), the exchange rate shifted by +0.0627 (+3.49%).

2016 Avg (December) 1.8570

2015 Avg (December) 1.7944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8146	1.7904	1.7998
February	1.7986	1.7293	1.7613
March	1.7994	1.7210	1.7566
April	1.7420	1.7100	1.7249
May	1.7599	1.6997	1.7312
June	1.7710	1.7172	1.7397
July	1.7812	1.7513	1.7676
August	1.7650	1.7270	1.7466
September	1.7548	1.7374	1.7458
October	1.7991	1.7413	1.7730
November	1.8516	1.7570	1.8136
December	1.8824	1.8194	1.8570