2018 AZN to BTN Historical Review

YEARLY HIGH

43.6800 BTN

YEARLY LOW

37.3190 BTN

YEARLY AVERAGE

40.2104 BTN

2018 AZN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 43.6800. Conversely, the yearly low was recorded on January 15, dropping to 37.3190.

This high-to-low spread represents a total annual volatility of 6.3610 BTN. From a start-to-finish perspective, comparing the January average rate of 37.5946 to the December average rate of 41.4961, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 43.6800 was up 12.11% compared to the 2017 peak of 38.9613, 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 218,400 BTN

2017 Average 189,238 BTN

Yearly Trough Low 186,595 BTN

Transaction Impact: A difference of 31,804.86 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

43.7911

37.0313

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 38.6815, compared to 41.7393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0578 points.

H1 Avg (Jan–Jun) 38.6815

H2 Avg (Jul–Dec) 41.7393

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.2310 BTN (High: 43.1366 / Low: 40.9056). On the other end, July was the most stable month, with a tight range of 0.3564 BTN (High: 40.5385 / Low: 40.1821).

November Spread (Volatile) ±2.2310

July Spread (Stable) ±0.3564

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0281 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 43.2278) against the same month in 2017 (average: 38.4069), the exchange rate shifted by +4.8208 (+12.55%).

2018 Avg (October) 43.2278

2017 Avg (October) 38.4069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.9367	37.3190	37.5946
February	38.6070	37.5211	38.1096
March	38.6193	38.0726	38.3535
April	39.2685	38.0359	38.5789
May	40.0997	39.0862	39.6411
June	40.3754	39.3346	39.8115
July	40.5385	40.1821	40.3360
August	41.6740	40.2138	40.8521
September	42.6914	41.6740	42.3246
October	43.6800	42.7955	43.2278
November	43.1366	40.9056	42.1996
December	42.2876	40.9511	41.4961