2016 RON to BAM Historical Review

YEARLY HIGH

0.4404 BAM

YEARLY LOW

0.4298 BAM

YEARLY AVERAGE

0.4356 BAM

2016 RON to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.4404. Conversely, the yearly low was recorded on January 31, dropping to 0.4298.

This high-to-low spread represents a total annual volatility of 0.0106 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4315 to the December average rate of 0.4331, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4404 was down 1.26% compared to the 2015 peak of 0.4460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,202 BAM

2015 Average 2,200 BAM

Yearly Trough Low 2,149 BAM

Transaction Impact: A difference of 52.90 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4407

0.4307

JanuMarcMayJulySeptNove

RON 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 0.4350, compared to 0.4363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.4350

H2 Avg (Jul–Dec) 0.4363

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0067 BAM (High: 0.4395 / Low: 0.4328). On the other end, September was the most stable month, with a tight range of 0.0010 BAM (High: 0.4404 / Low: 0.4394).

July Spread (Volatile) ±0.0067

September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.4399) against the same month in 2015 (average: 0.4424), the exchange rate shifted by -0.0025 (-0.56%).

2016 Avg (September) 0.4399

2015 Avg (September) 0.4424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4328	0.4298	0.4315
February	0.4383	0.4320	0.4363
March	0.4387	0.4369	0.4379
April	0.4381	0.4366	0.4373
May	0.4364	0.4332	0.4347
June	0.4340	0.4300	0.4324
July	0.4395	0.4328	0.4363
August	0.4394	0.4377	0.4389
September	0.4404	0.4394	0.4399
October	0.4404	0.4338	0.4355
November	0.4352	0.4329	0.4339
December	0.4358	0.4307	0.4331