2019 TOP to BAM Historical Review

YEARLY HIGH

0.7891 BAM

YEARLY LOW

0.7476 BAM

YEARLY AVERAGE

0.7626 BAM

2019 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.7891. Conversely, the yearly low was recorded on January 20, dropping to 0.7476.

This high-to-low spread represents a total annual volatility of 0.0414 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7551 to the December average rate of 0.7655, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7891 was up 2.56% compared to the 2018 peak of 0.7693, 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 3,945 BAM

2018 Average 3,642 BAM

Yearly Trough Low 3,738 BAM

Transaction Impact: A difference of 207.22 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7683

0.7539

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 0.7618, compared to 0.7635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.7618

H2 Avg (Jul–Dec) 0.7635

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0314 BAM (High: 0.7891 / Low: 0.7577). On the other end, February was the most stable month, with a tight range of 0.0091 BAM (High: 0.7679 / Low: 0.7588).

April Spread (Volatile) ±0.0314

February Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.7671) against the same month in 2018 (average: 0.7157), the exchange rate shifted by +0.0514 (+7.19%).

2019 Avg (April) 0.7671

2018 Avg (April) 0.7157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7615	0.7476	0.7551
February	0.7679	0.7588	0.7632
March	0.7696	0.7593	0.7645
April	0.7891	0.7577	0.7671
May	0.7681	0.7590	0.7633
June	0.7639	0.7501	0.7574
July	0.7710	0.7595	0.7652
August	0.7687	0.7498	0.7599
September	0.7784	0.7584	0.7658
October	0.7677	0.7547	0.7613
November	0.7726	0.7566	0.7634
December	0.7745	0.7609	0.7655