2013 AZN to BGN Historical Review

YEARLY HIGH

1.9479 BGN

YEARLY LOW

1.8083 BGN

YEARLY AVERAGE

1.8789 BGN

2013 AZN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AZN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 1.9479. Conversely, the yearly low was recorded on October 25, dropping to 1.8083.

This high-to-low spread represents a total annual volatility of 0.1396 BGN. From a start-to-finish perspective, comparing the January average rate of 1.8754 to the December average rate of 1.8220, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.9479 was down 5.46% compared to the 2012 peak of 2.0604, 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 9,739 BGN

2012 Average 9,697 BGN

Yearly Trough Low 9,041 BGN

Transaction Impact: A difference of 697.76 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.9340

1.8119

JanuMarcMayJulySeptNove

AZN to BGN 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 1.8992, compared to 1.8585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 1.8992

H2 Avg (Jul–Dec) 1.8585

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0764 BGN (High: 1.9049 / Low: 1.8285). On the other end, August was the most stable month, with a tight range of 0.0236 BGN (High: 1.8867 / Low: 1.8631).

February Spread (Volatile) ±0.0764

August Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0385 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 1.9238) against the same month in 2012 (average: 1.8866), the exchange rate shifted by +0.0372 (+1.97%).

2013 Avg (March) 1.9238

2012 Avg (March) 1.8866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9083	1.8403	1.8754
February	1.9049	1.8285	1.8667
March	1.9479	1.9089	1.9238
April	1.9454	1.8983	1.9155
May	1.9415	1.8986	1.9217
June	1.9197	1.8648	1.8924
July	1.9451	1.8778	1.9073
August	1.8867	1.8631	1.8739
September	1.8986	1.8447	1.8684
October	1.8462	1.8083	1.8298
November	1.8682	1.8346	1.8497
December	1.8420	1.8105	1.8220