2014 AZN to ALL Historical Review

YEARLY HIGH

147.4404 ALL

YEARLY LOW

128.4037 ALL

YEARLY AVERAGE

134.5679 ALL

2014 AZN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 147.4404. Conversely, the yearly low was recorded on May 6, dropping to 128.4037.

This high-to-low spread represents a total annual volatility of 19.0367 ALL. From a start-to-finish perspective, comparing the January average rate of 131.6196 to the December average rate of 145.1297, the exchange rate registered a net change of 10.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 147.4404 was up 5.12% compared to the 2013 peak of 140.2600, 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 737,202 ALL

2013 Average 673,551 ALL

Yearly Trough Low 642,018 ALL

Transaction Impact: A difference of 95,183.50 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

146.7120

127.7243

JanuMarcMayJulySeptNove

AZN to ALL 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 130.4929, compared to 138.6430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.1502 points.

H1 Avg (Jan–Jun) 130.4929

H2 Avg (Jul–Dec) 138.6430

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 5.8540 ALL (High: 141.1547 / Low: 135.3007). On the other end, June was the most stable month, with a tight range of 1.1042 ALL (High: 131.8877 / Low: 130.7835).

September Spread (Volatile) ±5.8540

June Spread (Stable) ±1.1042

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6935 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.6935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 145.1297) against the same month in 2013 (average: 130.5001), the exchange rate shifted by +14.6295 (+11.21%).

2014 Avg (December) 145.1297

2013 Avg (December) 130.5001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	132.7705	130.1693	131.6196
February	132.9510	129.7322	131.1544
March	130.2205	128.6501	129.4609
April	130.0979	128.7468	129.3066
May	131.2528	128.4037	130.0285
June	131.8877	130.7835	131.3872
July	132.5129	130.8970	131.7785
August	135.3221	132.2727	133.3720
September	141.1547	135.3007	138.5123
October	142.6148	138.8679	140.3108
November	144.0409	140.8807	142.7549
December	147.4404	143.0281	145.1297