2014 NAD to BAM Historical Review

YEARLY HIGH

0.1444 BAM

YEARLY LOW

0.1278 BAM

YEARLY AVERAGE

0.1360 BAM

2014 NAD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NAD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.1444. Conversely, the yearly low was recorded on January 29, dropping to 0.1278.

This high-to-low spread represents a total annual volatility of 0.0166 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1323 to the December average rate of 0.1383, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1444 was down 17.50% compared to the 2013 peak of 0.1750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 722 BAM

2013 Average 767 BAM

Yearly Trough Low 639 BAM

Transaction Impact: A difference of 82.86 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1426

0.1294

JanuMarcMayJulySeptNove

NAD 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 0.1335, compared to 0.1384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1335

H2 Avg (Jul–Dec) 0.1384

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0083 BAM (High: 0.1424 / Low: 0.1341). On the other end, June was the most stable month, with a tight range of 0.0023 BAM (High: 0.1361 / Low: 0.1338).

December Spread (Volatile) ±0.0083

June Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0033 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.1415) against the same month in 2013 (average: 0.1422), the exchange rate shifted by -0.0007 (-0.50%).

2014 Avg (November) 0.1415

2013 Avg (November) 0.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1351	0.1278	0.1323
February	0.1331	0.1291	0.1305
March	0.1347	0.1301	0.1318
April	0.1357	0.1327	0.1343
May	0.1391	0.1339	0.1369
June	0.1361	0.1338	0.1349
July	0.1385	0.1334	0.1355
August	0.1399	0.1363	0.1378
September	0.1409	0.1368	0.1383
October	0.1423	0.1376	0.1393
November	0.1444	0.1396	0.1415
December	0.1424	0.1341	0.1383