2011 AZN to BHD Historical Review

YEARLY HIGH

0.4795 BHD

YEARLY LOW

0.4722 BHD

YEARLY AVERAGE

0.4771 BHD

2011 AZN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.4795. Conversely, the yearly low was recorded on January 4, dropping to 0.4722.

This high-to-low spread represents a total annual volatility of 0.0074 BHD. From a start-to-finish perspective, comparing the January average rate of 0.4724 to the December average rate of 0.4790, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4795 was up 1.07% compared to the 2010 peak of 0.4744, 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 2,398 BHD

2010 Average 2,336 BHD

Yearly Trough Low 2,361 BHD

Transaction Impact: A difference of 36.77 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4797

0.4718

JanuMarcMayJulySeptNove

AZN to BHD 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 0.4752, compared to 0.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.4752

H2 Avg (Jul–Dec) 0.4789

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0030 BHD (High: 0.4795 / Low: 0.4766). On the other end, December was the most stable month, with a tight range of 0.0005 BHD (High: 0.4794 / Low: 0.4789).

August Spread (Volatile) ±0.0030

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.4789) against the same month in 2010 (average: 0.4684), the exchange rate shifted by +0.0105 (+2.25%).

2011 Avg (August) 0.4789

2010 Avg (August) 0.4684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4730	0.4722	0.4724
February	0.4745	0.4728	0.4737
March	0.4754	0.4745	0.4749
April	0.4761	0.4752	0.4757
May	0.4773	0.4759	0.4765
June	0.4790	0.4772	0.4780
July	0.4793	0.4783	0.4789
August	0.4795	0.4766	0.4789
September	0.4793	0.4786	0.4790
October	0.4791	0.4783	0.4788
November	0.4795	0.4782	0.4789
December	0.4794	0.4789	0.4790