2015 VEF to BAM Historical Review

YEARLY HIGH

0.2952 BAM

YEARLY LOW

0.2567 BAM

YEARLY AVERAGE

0.2790 BAM

2015 VEF to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.2952. Conversely, the yearly low was recorded on January 2, dropping to 0.2567.

This high-to-low spread represents a total annual volatility of 0.0385 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2664 to the December average rate of 0.2840, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2952 was up 15.62% compared to the 2014 peak of 0.2553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VEF based on timing:

Yearly Peak High 1,476 BAM

2014 Average 1,172 BAM

Yearly Trough Low 1,284 BAM

Transaction Impact: A difference of 192.52 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2907

0.2641

JanuMarcMayJulySeptNove

VEF 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 0.2775, compared to 0.2805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2775

H2 Avg (Jul–Dec) 0.2805

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0193 BAM (High: 0.2761 / Low: 0.2567). On the other end, September was the most stable month, with a tight range of 0.0057 BAM (High: 0.2777 / Low: 0.2720).

January Spread (Volatile) ±0.0193

September Spread (Stable) ±0.0057

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 April and May, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.2862) against the same month in 2014 (average: 0.2250), the exchange rate shifted by +0.0612 (+27.22%).

2015 Avg (March) 0.2862

2014 Avg (March) 0.2250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2761	0.2567	0.2664
February	0.2762	0.2705	0.2729
March	0.2952	0.2769	0.2862
April	0.2927	0.2772	0.2865
May	0.2841	0.2706	0.2774
June	0.2831	0.2724	0.2759
July	0.2860	0.2776	0.2813
August	0.2837	0.2684	0.2780
September	0.2777	0.2720	0.2755
October	0.2824	0.2702	0.2759
November	0.2928	0.2809	0.2885
December	0.2916	0.2816	0.2840