2022 TOP to BAM Historical Review

YEARLY HIGH

0.8417 BAM

YEARLY LOW

0.7487 BAM

YEARLY AVERAGE

0.7973 BAM

2022 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.8417. Conversely, the yearly low was recorded on January 13, dropping to 0.7487.

This high-to-low spread represents a total annual volatility of 0.0930 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7594 to the December average rate of 0.7875, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8417 was up 9.47% compared to the 2021 peak of 0.7689, 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 4,209 BAM

2021 Average 3,650 BAM

Yearly Trough Low 3,744 BAM

Transaction Impact: A difference of 465.16 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8335

0.7526

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 0.7818, compared to 0.8129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.7818

H2 Avg (Jul–Dec) 0.8129

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0377 BAM (High: 0.8263 / Low: 0.7886). On the other end, May was the most stable month, with a tight range of 0.0154 BAM (High: 0.8030 / Low: 0.7877).

November Spread (Volatile) ±0.0377

May Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0159 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.8268) against the same month in 2021 (average: 0.7372), the exchange rate shifted by +0.0896 (+12.15%).

2022 Avg (September) 0.8268

2021 Avg (September) 0.7372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7721	0.7487	0.7594
February	0.7682	0.7516	0.7599
March	0.7932	0.7670	0.7842
April	0.8072	0.7856	0.7960
May	0.8030	0.7877	0.7961
June	0.8046	0.7887	0.7951
July	0.8263	0.7982	0.8157
August	0.8392	0.8169	0.8261
September	0.8417	0.8120	0.8268
October	0.8262	0.8081	0.8180
November	0.8263	0.7886	0.8034
December	0.7973	0.7804	0.7875