2014 WST to BAM Historical Review

YEARLY HIGH

0.6709 BAM

YEARLY LOW

0.6044 BAM

YEARLY AVERAGE

0.6317 BAM

2014 WST to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6709. Conversely, the yearly low was recorded on March 17, dropping to 0.6044.

This high-to-low spread represents a total annual volatility of 0.0665 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6163 to the December average rate of 0.6618, the exchange rate registered a net change of 7.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6709 was up 0.90% compared to the 2013 peak of 0.6649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,355 BAM

2013 Average 3,187 BAM

Yearly Trough Low 3,022 BAM

Transaction Impact: A difference of 332.45 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6670

0.6044

JanuMarcMayJulySeptNove

WST 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 0.6172, compared to 0.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0289 points.

H1 Avg (Jan–Jun) 0.6172

H2 Avg (Jul–Dec) 0.6461

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0195 BAM (High: 0.6709 / Low: 0.6514). On the other end, April was the most stable month, with a tight range of 0.0074 BAM (High: 0.6195 / Low: 0.6121).

December Spread (Volatile) ±0.0195

April Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0034 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.6618) against the same month in 2013 (average: 0.6147), the exchange rate shifted by +0.0471 (+7.67%).

2014 Avg (December) 0.6618

2013 Avg (December) 0.6147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6218	0.6109	0.6163
February	0.6188	0.6091	0.6130
March	0.6184	0.6044	0.6096
April	0.6195	0.6121	0.6167
May	0.6305	0.6137	0.6228
June	0.6290	0.6194	0.6250
July	0.6334	0.6245	0.6292
August	0.6450	0.6294	0.6357
September	0.6543	0.6415	0.6474
October	0.6587	0.6406	0.6490
November	0.6603	0.6427	0.6536
December	0.6709	0.6514	0.6618