2011 AZN to ETB Historical Review

YEARLY HIGH

22.0025 ETB

YEARLY LOW

15.9412 ETB

YEARLY AVERAGE

20.1747 ETB

2011 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 22.0025. Conversely, the yearly low was recorded on January 2, dropping to 15.9412.

This high-to-low spread represents a total annual volatility of 6.0613 ETB. From a start-to-finish perspective, comparing the January average rate of 15.9691 to the December average rate of 21.9457, the exchange rate registered a net change of 37.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.0025 was up 38.01% compared to the 2010 peak of 15.9424, 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 110,013 ETB

2010 Average 72,107 ETB

Yearly Trough Low 79,706 ETB

Transaction Impact: A difference of 30,306.49 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.5433

15.3715

JanuMarcMayJulySeptNove

AZN to ETB 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 18.5787, compared to 21.7708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1922 points.

H1 Avg (Jan–Jun) 18.5787

H2 Avg (Jul–Dec) 21.7708

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 5.2255 ETB (High: 21.3759 / Low: 16.1503). On the other end, October was the most stable month, with a tight range of 0.0530 ETB (High: 21.8040 / Low: 21.7509).

April Spread (Volatile) ±5.2255

October Spread (Stable) ±0.0530

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: 21.9457) against the same month in 2010 (average: 15.9063), the exchange rate shifted by +6.0394 (+37.97%).

2011 Avg (December) 21.9457

2010 Avg (December) 15.9063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0060	15.9412	15.9691
February	16.0938	16.0111	16.0492
March	16.1520	16.0914	16.1235
April	21.3759	16.1503	20.5558
May	21.4351	21.2562	21.3107
June	21.5610	21.3432	21.4637
July	21.6678	21.5551	21.6104
August	21.8607	21.5485	21.6951
September	21.7744	21.7159	21.7501
October	21.8040	21.7509	21.7731
November	21.9507	21.7730	21.8506
December	22.0025	21.9007	21.9457