2016 TOP to BAM Historical Review

YEARLY HIGH

0.8318 BAM

YEARLY LOW

0.7501 BAM

YEARLY AVERAGE

0.7852 BAM

2016 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.8318. Conversely, the yearly low was recorded on February 7, dropping to 0.7501.

This high-to-low spread represents a total annual volatility of 0.0817 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7980 to the December average rate of 0.8153, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8318 was down 9.96% compared to the 2015 peak of 0.9239, 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 4,159 BAM

2015 Average 4,166 BAM

Yearly Trough Low 3,751 BAM

Transaction Impact: A difference of 408.63 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8199

0.7642

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 0.7782, compared to 0.7922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.7782

H2 Avg (Jul–Dec) 0.7922

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0435 BAM (High: 0.8240 / Low: 0.7804). On the other end, September was the most stable month, with a tight range of 0.0106 BAM (High: 0.7815 / Low: 0.7709).

November Spread (Volatile) ±0.0435

September Spread (Stable) ±0.0106

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 January and February, when the average rate fell by 0.0241 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8153) against the same month in 2015 (average: 0.8001), the exchange rate shifted by +0.0151 (+1.89%).

2016 Avg (December) 0.8153

2015 Avg (December) 0.8001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8123	0.7804	0.7980
February	0.7901	0.7501	0.7738
March	0.7935	0.7702	0.7796
April	0.7884	0.7652	0.7740
May	0.7740	0.7608	0.7688
June	0.7983	0.7555	0.7752
July	0.7871	0.7662	0.7804
August	0.7829	0.7643	0.7733
September	0.7815	0.7709	0.7762
October	0.8143	0.7738	0.7979
November	0.8240	0.7804	0.8100
December	0.8318	0.8039	0.8153