2015 TOP to BAM Historical Review

YEARLY HIGH

0.9239 BAM

YEARLY LOW

0.7628 BAM

YEARLY AVERAGE

0.8334 BAM

2015 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.9239. Conversely, the yearly low was recorded on October 14, dropping to 0.7628.

This high-to-low spread represents a total annual volatility of 0.1611 BAM. From a start-to-finish perspective, comparing the January average rate of 0.8489 to the December average rate of 0.8001, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9239 was up 12.69% compared to the 2014 peak of 0.8198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,620 BAM

2014 Average 3,907 BAM

Yearly Trough Low 3,814 BAM

Transaction Impact: A difference of 805.62 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9078

0.7703

JanuMarcMayJulySeptNove

TOP 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 0.8661, compared to 0.8007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0654 points.

H1 Avg (Jan–Jun) 0.8661

H2 Avg (Jul–Dec) 0.8007

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0625 BAM (High: 0.8688 / Low: 0.8063). On the other end, November was the most stable month, with a tight range of 0.0236 BAM (High: 0.8265 / Low: 0.8030).

June Spread (Volatile) ±0.0625

November Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0322 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.8963) against the same month in 2014 (average: 0.7626), the exchange rate shifted by +0.1338 (+17.54%).

2015 Avg (March) 0.8963

2014 Avg (March) 0.7626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8779	0.8220	0.8489
February	0.8751	0.8419	0.8581
March	0.9239	0.8758	0.8963
April	0.9127	0.8654	0.8935
May	0.8855	0.8435	0.8649
June	0.8688	0.8063	0.8346
July	0.8407	0.8007	0.8225
August	0.8071	0.7632	0.7904
September	0.8122	0.7654	0.7896
October	0.8066	0.7628	0.7817
November	0.8265	0.8030	0.8196
December	0.8207	0.7811	0.8001