2018 TOP to BAM Historical Review

YEARLY HIGH

0.7693 BAM

YEARLY LOW

0.7011 BAM

YEARLY AVERAGE

0.7284 BAM

2018 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.7693. Conversely, the yearly low was recorded on January 27, dropping to 0.7011.

This high-to-low spread represents a total annual volatility of 0.0682 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7142 to the December average rate of 0.7546, the exchange rate registered a net change of 5.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7693 was down 7.07% compared to the 2017 peak of 0.8279, 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 3,847 BAM

2017 Average 3,827 BAM

Yearly Trough Low 3,505 BAM

Transaction Impact: A difference of 341.25 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7588

0.7093

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 0.7202, compared to 0.7366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.7202

H2 Avg (Jul–Dec) 0.7366

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0319 BAM (High: 0.7570 / Low: 0.7251). On the other end, June was the most stable month, with a tight range of 0.0155 BAM (High: 0.7421 / Low: 0.7266).

November Spread (Volatile) ±0.0319

June Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0118 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.7546) against the same month in 2017 (average: 0.7219), the exchange rate shifted by +0.0327 (+4.53%).

2018 Avg (December) 0.7546

2017 Avg (December) 0.7219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7262	0.7011	0.7142
February	0.7224	0.7043	0.7151
March	0.7238	0.7069	0.7134
April	0.7292	0.7108	0.7157
May	0.7431	0.7146	0.7299
June	0.7421	0.7266	0.7331
July	0.7303	0.7070	0.7213
August	0.7480	0.7204	0.7329
September	0.7325	0.7093	0.7241
October	0.7503	0.7220	0.7385
November	0.7570	0.7251	0.7480
December	0.7693	0.7463	0.7546