2011 AZN to DJF Historical Review

YEARLY HIGH

227.5406 DJF

YEARLY LOW

222.8759 DJF

YEARLY AVERAGE

225.2487 DJF

2011 AZN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 227.5406. Conversely, the yearly low was recorded on January 4, dropping to 222.8759.

This high-to-low spread represents a total annual volatility of 4.6647 DJF. From a start-to-finish perspective, comparing the January average rate of 222.9999 to the December average rate of 226.6559, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 227.5406 was up 1.62% compared to the 2010 peak of 223.9213, 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 1,137,703 DJF

2010 Average 1,102,736 DJF

Yearly Trough Low 1,114,379 DJF

Transaction Impact: A difference of 23,323.57 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

227.0215

222.6343

JanuMarcMayJulySeptNove

AZN to DJF 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 224.3201, compared to 226.1773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8572 points.

H1 Avg (Jan–Jun) 224.3201

H2 Avg (Jul–Dec) 226.1773

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 1.5095 DJF (High: 227.5406 / Low: 226.0311). On the other end, September was the most stable month, with a tight range of 0.3185 DJF (High: 226.2711 / Low: 225.9526).

December Spread (Volatile) ±1.5095

September Spread (Stable) ±0.3185

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0830 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 226.6559) against the same month in 2010 (average: 222.6178), the exchange rate shifted by +4.0381 (+1.81%).

2011 Avg (December) 226.6559

2010 Avg (December) 222.6178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	223.2609	222.8759	222.9999
February	223.9431	223.2867	223.6239
March	224.3538	223.9716	224.1319
April	224.7181	224.3618	224.5479
May	225.2818	224.6505	224.9649
June	226.0604	225.2767	225.6520
July	226.2630	225.8157	226.0621
August	226.3532	225.9127	226.1189
September	226.2711	225.9526	226.0956
October	226.1369	225.7683	226.0127
November	227.2861	225.8404	226.1185
December	227.5406	226.0311	226.6559