2014 AZN to BTN Historical Review

YEARLY HIGH

81.2172 BTN

YEARLY LOW

74.4550 BTN

YEARLY AVERAGE

77.8274 BTN

2014 AZN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 81.2172. Conversely, the yearly low was recorded on May 24, dropping to 74.4550.

This high-to-low spread represents a total annual volatility of 6.7622 BTN. From a start-to-finish perspective, comparing the January average rate of 79.1548 to the December average rate of 80.0475, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 81.2172 was down 5.96% compared to the 2013 peak of 86.3636, 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 406,086 BTN

2013 Average 373,219 BTN

Yearly Trough Low 372,275 BTN

Transaction Impact: A difference of 33,811.07 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

80.4829

75.2585

JanuMarcMayJulySeptNove

AZN to BTN 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 77.5188, compared to 78.1360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6172 points.

H1 Avg (Jan–Jun) 77.5188

H2 Avg (Jul–Dec) 78.1360

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 2.7574 BTN (High: 79.0289 / Low: 76.2716). On the other end, October was the most stable month, with a tight range of 0.7806 BTN (High: 78.7426 / Low: 77.9619).

March Spread (Volatile) ±2.7574

October Spread (Stable) ±0.7806

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5861 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 80.0475) against the same month in 2013 (average: 78.9327), the exchange rate shifted by +1.1148 (+1.41%).

2014 Avg (December) 80.0475

2013 Avg (December) 78.9327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.4232	78.4167	79.1548
February	79.9240	78.9308	79.3618
March	79.0289	76.2716	77.7757
April	77.8662	76.2854	76.9540
May	76.9318	74.4550	75.6939
June	76.9830	75.3880	76.1727
July	77.1154	76.1933	76.5856
August	78.2182	77.1183	77.6171
September	78.7011	76.9092	77.5970
October	78.7426	77.9619	78.2909
November	79.1719	78.2893	78.6779
December	81.2172	78.7841	80.0475