2017 JEP to BAM Historical Review

YEARLY HIGH

1.8796 BAM

YEARLY LOW

1.6251 BAM

YEARLY AVERAGE

1.7351 BAM

2017 JEP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JEP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.8796. Conversely, the yearly low was recorded on September 10, dropping to 1.6251.

This high-to-low spread represents a total annual volatility of 0.2544 BAM. From a start-to-finish perspective, comparing the January average rate of 1.8404 to the December average rate of 1.6518, the exchange rate registered a net change of -10.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8796 was down 0.15% compared to the 2016 peak of 1.8824, 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 9,398 BAM

2016 Average 8,841 BAM

Yearly Trough Low 8,126 BAM

Transaction Impact: A difference of 1,272.19 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8603

1.6214

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 1.8076, compared to 1.6627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1448 points.

H1 Avg (Jan–Jun) 1.8076

H2 Avg (Jul–Dec) 1.6627

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0632 BAM (High: 1.8796 / Low: 1.8164). On the other end, October was the most stable month, with a tight range of 0.0337 BAM (High: 1.6849 / Low: 1.6511).

January Spread (Volatile) ±0.0632

October Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0578 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.8404) against the same month in 2016 (average: 1.7998), the exchange rate shifted by +0.0406 (+2.25%).

2017 Avg (January) 1.8404

2016 Avg (January) 1.7998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8796	1.8164	1.8404
February	1.8530	1.8094	1.8367
March	1.8616	1.8002	1.8297
April	1.8492	1.7899	1.8268
May	1.8008	1.7397	1.7690
June	1.7567	1.7096	1.7427
July	1.7236	1.6647	1.6972
August	1.6682	1.6330	1.6558
September	1.6657	1.6251	1.6413
October	1.6849	1.6511	1.6639
November	1.6878	1.6392	1.6665
December	1.6662	1.6292	1.6518