2011 AZN to ANG Historical Review

YEARLY HIGH

2.2794 ANG

YEARLY LOW

2.2457 ANG

YEARLY AVERAGE

2.2613 ANG

2011 AZN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 2.2794. Conversely, the yearly low was recorded on January 4, dropping to 2.2457.

This high-to-low spread represents a total annual volatility of 0.0336 ANG. From a start-to-finish perspective, comparing the January average rate of 2.2470 to the December average rate of 2.2773, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2794 was up 1.01% compared to the 2010 peak of 2.2566, 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 11,397 ANG

2010 Average 11,113 ANG

Yearly Trough Low 11,229 ANG

Transaction Impact: A difference of 168.09 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2804

2.2440

JanuMarcMayJulySeptNove

AZN to ANG 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 2.2603, compared to 2.2623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 2.2603

H2 Avg (Jul–Dec) 2.2623

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0278 ANG (High: 2.2794 / Low: 2.2516). On the other end, December was the most stable month, with a tight range of 0.0022 ANG (High: 2.2789 / Low: 2.2767).

November Spread (Volatile) ±0.0278

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0102 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 2.2667) against the same month in 2010 (average: 2.2399), the exchange rate shifted by +0.0268 (+1.20%).

2011 Avg (November) 2.2667

2010 Avg (November) 2.2399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2496	2.2457	2.2470
February	2.2565	2.2499	2.2533
March	2.2606	2.2568	2.2584
April	2.2643	2.2607	2.2626
May	2.2700	2.2636	2.2668
June	2.2778	2.2699	2.2737
July	2.2777	2.2576	2.2635
August	2.2629	2.2532	2.2590
September	2.2613	2.2519	2.2543
October	2.2601	2.2501	2.2530
November	2.2794	2.2516	2.2667
December	2.2789	2.2767	2.2773