2011 AZN to BIF Historical Review

YEARLY HIGH

1679.3876 BIF

YEARLY LOW

1413.8536 BIF

YEARLY AVERAGE

1532.6800 BIF

2011 AZN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1679.3876. Conversely, the yearly low was recorded on January 2, dropping to 1413.8536.

This high-to-low spread represents a total annual volatility of 265.5341 BIF. From a start-to-finish perspective, comparing the January average rate of 1424.0595 to the December average rate of 1639.2474, the exchange rate registered a net change of 15.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1679.3876 was up 17.39% compared to the 2010 peak of 1430.5664, 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 8,396,938 BIF

2010 Average 7,051,233 BIF

Yearly Trough Low 7,069,268 BIF

Transaction Impact: A difference of 1,327,670.32 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1660.7662

1402.5407

JanuMarcMayJulySeptNove

AZN to BIF 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 1488.6974, compared to 1576.6626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 87.9652 points.

H1 Avg (Jan–Jun) 1488.6974

H2 Avg (Jul–Dec) 1576.6626

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 124.6580 BIF (High: 1556.9707 / Low: 1432.3127). On the other end, October was the most stable month, with a tight range of 8.7912 BIF (High: 1567.9444 / Low: 1559.1532).

April Spread (Volatile) ±124.6580

October Spread (Stable) ±8.7912

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1639.2474) against the same month in 2010 (average: 1420.8161), the exchange rate shifted by +218.4313 (+15.37%).

2011 Avg (December) 1639.2474

2010 Avg (December) 1420.8161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1429.9602	1413.8536	1424.0595
February	1434.8560	1424.0495	1431.0535
March	1441.2928	1424.2519	1433.4627
April	1556.9707	1432.3127	1535.9206
May	1558.3914	1542.3432	1550.7978
June	1565.0513	1545.6314	1556.8903
July	1568.8010	1553.8844	1560.5953
August	1576.2116	1551.4722	1562.1972
September	1570.2458	1554.6556	1562.7517
October	1567.9444	1559.1532	1563.9165
November	1617.3255	1562.2264	1571.2676
December	1679.3876	1564.8830	1639.2474