2014 AZN to BRL Historical Review

YEARLY HIGH

3.4749 BRL

YEARLY LOW

2.7992 BRL

YEARLY AVERAGE

3.0014 BRL

2014 AZN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 3.4749. Conversely, the yearly low was recorded on April 9, dropping to 2.7992.

This high-to-low spread represents a total annual volatility of 0.6757 BRL. From a start-to-finish perspective, comparing the January average rate of 3.0330 to the December average rate of 3.3740, the exchange rate registered a net change of 11.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.4749 was up 11.94% compared to the 2013 peak of 3.1041, 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 17,375 BRL

2013 Average 13,762 BRL

Yearly Trough Low 13,996 BRL

Transaction Impact: A difference of 3,378.62 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.4281

2.7781

JanuMarcMayJulySeptNove

AZN to BRL 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 2.9275, compared to 3.0753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1477 points.

H1 Avg (Jan–Jun) 2.9275

H2 Avg (Jul–Dec) 3.0753

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.2643 BRL (High: 3.1197 / Low: 2.8554). On the other end, May was the most stable month, with a tight range of 0.0406 BRL (High: 2.8556 / Low: 2.8150).

September Spread (Volatile) ±0.2643

May Spread (Stable) ±0.0406

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1192 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.3740) against the same month in 2013 (average: 2.9927), the exchange rate shifted by +0.3813 (+12.74%).

2014 Avg (December) 3.3740

2013 Avg (December) 2.9927

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.1047	2.9897	3.0330
February	3.1051	2.9648	3.0382
March	3.0136	2.8830	2.9666
April	2.9039	2.7992	2.8474
May	2.8556	2.8150	2.8322
June	2.9060	2.8007	2.8478
July	2.8811	2.8087	2.8360
August	2.9232	2.8525	2.8906
September	3.1197	2.8554	2.9785
October	3.1983	3.0440	3.1240
November	3.3263	3.1553	3.2486
December	3.4749	3.2603	3.3740