2019 AZN to BAM Historical Review

YEARLY HIGH

1.0540 BAM

YEARLY LOW

0.9961 BAM

YEARLY AVERAGE

1.0260 BAM

2019 AZN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1.0540. Conversely, the yearly low was recorded on January 13, dropping to 0.9961.

This high-to-low spread represents a total annual volatility of 0.0579 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0056 to the December average rate of 1.0340, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0540 was up 3.25% compared to the 2018 peak of 1.0208, 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 5,270 BAM

2018 Average 4,871 BAM

Yearly Trough Low 4,980 BAM

Transaction Impact: A difference of 289.42 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0465

1.0019

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 1.0168, compared to 1.0352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 1.0168

H2 Avg (Jul–Dec) 1.0352

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0229 BAM (High: 1.0310 / Low: 1.0081). On the other end, May was the most stable month, with a tight range of 0.0093 BAM (High: 1.0317 / Low: 1.0223).

June Spread (Volatile) ±0.0229

May Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0093 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1.0428) against the same month in 2018 (average: 0.9827), the exchange rate shifted by +0.0601 (+6.11%).

2019 Avg (September) 1.0428

2018 Avg (September) 0.9827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0128	0.9961	1.0056
February	1.0196	1.0019	1.0120
March	1.0234	1.0085	1.0159
April	1.0322	1.0149	1.0223
May	1.0317	1.0223	1.0272
June	1.0310	1.0081	1.0178
July	1.0332	1.0168	1.0240
August	1.0404	1.0220	1.0323
September	1.0540	1.0319	1.0428
October	1.0507	1.0290	1.0394
November	1.0452	1.0287	1.0389
December	1.0438	1.0230	1.0340