2020 TOP to BAM Historical Review

YEARLY HIGH

0.7838 BAM

YEARLY LOW

0.6979 BAM

YEARLY AVERAGE

0.7457 BAM

2020 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.7838. Conversely, the yearly low was recorded on December 20, dropping to 0.6979.

This high-to-low spread represents a total annual volatility of 0.0859 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7670 to the December average rate of 0.7036, the exchange rate registered a net change of -8.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7838 was down 0.68% compared to the 2019 peak of 0.7891, 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 3,919 BAM

2019 Average 3,813 BAM

Yearly Trough Low 3,489 BAM

Transaction Impact: A difference of 429.32 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7847

0.6963

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 0.7679, compared to 0.7236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 0.7679

H2 Avg (Jul–Dec) 0.7236

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0373 BAM (High: 0.7630 / Low: 0.7257). On the other end, January was the most stable month, with a tight range of 0.0083 BAM (High: 0.7711 / Low: 0.7628).

July Spread (Volatile) ±0.0373

January Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between March and May, 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 0.0246 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.7773) against the same month in 2019 (average: 0.7633), the exchange rate shifted by +0.0140 (+1.83%).

2020 Avg (May) 0.7773

2019 Avg (May) 0.7633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7711	0.7628	0.7670
February	0.7828	0.7623	0.7739
March	0.7673	0.7401	0.7530
April	0.7811	0.7612	0.7709
May	0.7838	0.7665	0.7773
June	0.7726	0.7578	0.7654
July	0.7630	0.7257	0.7499
August	0.7318	0.7175	0.7253
September	0.7322	0.7206	0.7259
October	0.7251	0.7101	0.7184
November	0.7227	0.7135	0.7183
December	0.7143	0.6979	0.7036