2014 AZN to BBD Historical Review

YEARLY HIGH

2.5525 BBD

YEARLY LOW

2.5468 BBD

YEARLY AVERAGE

2.5506 BBD

2014 AZN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.5525. Conversely, the yearly low was recorded on December 22, dropping to 2.5468.

This high-to-low spread represents a total annual volatility of 0.0057 BBD. From a start-to-finish perspective, comparing the January average rate of 2.5503 to the December average rate of 2.5505, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5525 was up 0.05% compared to the 2013 peak of 2.5512, 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 12,763 BBD

2013 Average 12,747 BBD

Yearly Trough Low 12,734 BBD

Transaction Impact: A difference of 28.72 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5510

2.5503

JanuMarcMayJulySeptNove

AZN to BBD 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 2.5505, compared to 2.5507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 2.5505

H2 Avg (Jul–Dec) 2.5507

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0057 BBD (High: 2.5525 / Low: 2.5468). On the other end, February was the most stable month, with a tight range of 0.0009 BBD (High: 2.5509 / Low: 2.5500).

December Spread (Volatile) ±0.0057

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.5505) against the same month in 2013 (average: 2.5503), the exchange rate shifted by +0.0002 (+0.01%).

2014 Avg (December) 2.5505

2013 Avg (December) 2.5503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5509	2.5491	2.5503
February	2.5509	2.5500	2.5504
March	2.5512	2.5504	2.5507
April	2.5512	2.5504	2.5506
May	2.5512	2.5497	2.5504
June	2.5513	2.5504	2.5507
July	2.5516	2.5504	2.5506
August	2.5516	2.5503	2.5509
September	2.5513	2.5503	2.5509
October	2.5512	2.5504	2.5508
November	2.5512	2.5500	2.5504
December	2.5525	2.5468	2.5505