2015 AZN to BAM Historical Review

YEARLY HIGH

2.2324 BAM

YEARLY LOW

1.1437 BAM

YEARLY AVERAGE

1.7501 BAM

2015 AZN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AZN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 2.2324. Conversely, the yearly low was recorded on December 28, dropping to 1.1437.

This high-to-low spread represents a total annual volatility of 1.0887 BAM. From a start-to-finish perspective, comparing the January average rate of 2.1460 to the December average rate of 1.5684, the exchange rate registered a net change of -26.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.2324 was up 8.33% compared to the 2014 peak of 2.0606, 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 11,162 BAM

2014 Average 9,408 BAM

Yearly Trough Low 5,719 BAM

Transaction Impact: A difference of 5,443.35 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.2037

1.5107

JanuMarcMayJulySeptNove

AZN 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 1.8340, compared to 1.6661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1679 points.

H1 Avg (Jan–Jun) 1.8340

H2 Avg (Jul–Dec) 1.6661

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.6159 BAM (High: 1.7596 / Low: 1.1437). On the other end, September was the most stable month, with a tight range of 0.0462 BAM (High: 1.6746 / Low: 1.6284).

December Spread (Volatile) ±0.6159

September Spread (Stable) ±0.0462

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3554 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.1460) against the same month in 2014 (average: 1.8317), the exchange rate shifted by +0.3142 (+17.15%).

2015 Avg (January) 2.1460

2014 Avg (January) 1.8317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2324	2.0694	2.1460
February	2.2085	1.6430	2.0798
March	1.7798	1.6677	1.7244
April	1.7512	1.6686	1.7223
May	1.7086	1.6297	1.6699
June	1.7028	1.6418	1.6619
July	1.7183	1.6719	1.6925
August	1.7059	1.6145	1.6728
September	1.6746	1.6284	1.6576
October	1.7048	1.6309	1.6654
November	1.7655	1.6919	1.7400
December	1.7596	1.1437	1.5684