2014 AZN to AFN Historical Review

YEARLY HIGH

74.4999 AFN

YEARLY LOW

71.3436 AFN

YEARLY AVERAGE

72.6929 AFN

2014 AZN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 74.4999. Conversely, the yearly low was recorded on January 10, dropping to 71.3436.

This high-to-low spread represents a total annual volatility of 3.1563 AFN. From a start-to-finish perspective, comparing the January average rate of 71.7450 to the December average rate of 73.9670, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 74.4999 was up 0.04% compared to the 2013 peak of 74.4708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 372,499 AFN

2013 Average 349,060 AFN

Yearly Trough Low 356,718 AFN

Transaction Impact: A difference of 15,781.45 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

74.1892

71.5228

JanuMarcMayJulySeptNove

AZN to AFN 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 72.4817, compared to 72.9040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4224 points.

H1 Avg (Jan–Jun) 72.4817

H2 Avg (Jul–Dec) 72.9040

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 2.2502 AFN (High: 73.6549 / Low: 71.4048). On the other end, March was the most stable month, with a tight range of 0.8019 AFN (High: 72.9980 / Low: 72.1961).

July Spread (Volatile) ±2.2502

March Spread (Stable) ±0.8019

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.7307 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 73.9670) against the same month in 2013 (average: 72.7435), the exchange rate shifted by +1.2235 (+1.68%).

2014 Avg (December) 73.9670

2013 Avg (December) 72.7435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	73.0907	71.3436	71.7450
February	72.8982	71.8233	72.3434
March	72.9980	72.1961	72.6266
April	73.0219	71.5312	72.4576
May	72.8327	71.7574	72.4924
June	74.1746	72.6415	73.2251
July	73.6549	71.4048	72.5450
August	72.5384	71.5082	71.8143
September	72.9707	71.7356	72.4127
October	73.8755	72.6080	73.0876
November	74.0880	73.2128	73.5976
December	74.4999	73.6772	73.9670