YEARLY HIGH
0.5711 BAM
YEARLY LOW
0.4936 BAM
YEARLY AVERAGE
0.5321 BAM

2017 PEN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.5711. Conversely, the yearly low was recorded on November 2, dropping to 0.4936.

This high-to-low spread represents a total annual volatility of 0.0775 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5513 to the December average rate of 0.5091, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5711 was up 2.22% compared to the 2016 peak of 0.5587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,856 BAM
2016 Average 2,621 BAM
Yearly Trough Low 2,468 BAM
Transaction Impact: A difference of 387.75 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5695
0.4998
JanuMarcMayJulySeptNove

PEN 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 0.5520, compared to 0.5122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 0.5520
H2 Avg (Jul–Dec) 0.5122

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0271 BAM (High: 0.5206 / Low: 0.4936). On the other end, September was the most stable month, with a tight range of 0.0086 BAM (High: 0.5099 / Low: 0.5012).

November Spread (Volatile) ±0.0271
September Spread (Stable) ±0.0086

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 0.0214 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.5637) against the same month in 2016 (average: 0.5025), the exchange rate shifted by +0.0612 (+12.18%).

2017 Avg (February) 0.5637
2016 Avg (February) 0.5025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5571 0.5442 0.5513
February 0.5711 0.5550 0.5637
March 0.5684 0.5548 0.5608
April 0.5695 0.5509 0.5621
May 0.5531 0.5320 0.5406
June 0.5379 0.5258 0.5337
July 0.5294 0.5131 0.5227
August 0.5145 0.5046 0.5109
September 0.5099 0.5012 0.5056
October 0.5192 0.5074 0.5117
November 0.5206 0.4936 0.5134
December 0.5151 0.5032 0.5091