2011 SAR to BAM Historical Review

YEARLY HIGH

0.4040 BAM

YEARLY LOW

0.3514 BAM

YEARLY AVERAGE

0.3754 BAM

2011 SAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4040. Conversely, the yearly low was recorded on May 4, dropping to 0.3514.

This high-to-low spread represents a total annual volatility of 0.0526 BAM. From a start-to-finish perspective, comparing the January average rate of 0.3907 to the December average rate of 0.3961, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4040 was down 7.51% compared to the 2010 peak of 0.4368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,020 BAM

2010 Average 1,971 BAM

Yearly Trough Low 1,757 BAM

Transaction Impact: A difference of 263.01 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3996

0.3579

JanuMarcMayJulySeptNove

SAR 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 0.3724, compared to 0.3784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.3724

H2 Avg (Jul–Dec) 0.3784

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0256 BAM (High: 0.3944 / Low: 0.3688). On the other end, August was the most stable month, with a tight range of 0.0084 BAM (High: 0.3686 / Low: 0.3602).

October Spread (Volatile) ±0.0256

August Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0114 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.3961) against the same month in 2010 (average: 0.3950), the exchange rate shifted by +0.0011 (+0.29%).

2011 Avg (December) 0.3961

2010 Avg (December) 0.3950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4040	0.3810	0.3907
February	0.3877	0.3779	0.3826
March	0.3778	0.3674	0.3728
April	0.3681	0.3517	0.3613
May	0.3723	0.3514	0.3641
June	0.3692	0.3560	0.3628
July	0.3734	0.3600	0.3654
August	0.3686	0.3602	0.3642
September	0.3876	0.3639	0.3789
October	0.3944	0.3688	0.3806
November	0.3948	0.3784	0.3850
December	0.4040	0.3859	0.3961