2019 AZN to ETB Historical Review

YEARLY HIGH

18.7729 ETB

YEARLY LOW

16.5072 ETB

YEARLY AVERAGE

17.1554 ETB

2019 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 18.7729. Conversely, the yearly low was recorded on January 1, dropping to 16.5072.

This high-to-low spread represents a total annual volatility of 2.2657 ETB. From a start-to-finish perspective, comparing the January average rate of 16.6578 to the December average rate of 18.4934, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.7729 was up 12.34% compared to the 2018 peak of 16.7107, 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 93,864 ETB

2018 Average 81,382 ETB

Yearly Trough Low 82,536 ETB

Transaction Impact: A difference of 11,328.60 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.6769

16.4742

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 16.8395, compared to 17.4713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6319 points.

H1 Avg (Jan–Jun) 16.8395

H2 Avg (Jul–Dec) 17.4713

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.9086 ETB (High: 18.7729 / Low: 17.8643). On the other end, March was the most stable month, with a tight range of 0.1966 ETB (High: 16.8458 / Low: 16.6492).

December Spread (Volatile) ±0.9086

March Spread (Stable) ±0.1966

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 2019: 18.4934) against the same month in 2018 (average: 16.5621), the exchange rate shifted by +1.9312 (+11.66%).

2019 Avg (December) 18.4934

2018 Avg (December) 16.5621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7577	16.5072	16.6578
February	16.7988	16.5858	16.7246
March	16.8458	16.6492	16.7651
April	16.9868	16.7840	16.9138
May	17.0925	16.8331	16.9676
June	17.1043	16.8358	17.0081
July	17.1292	16.7768	17.0144
August	17.3451	16.9025	17.1318
September	17.3421	17.0987	17.2577
October	17.4963	17.1480	17.3577
November	17.9736	17.2857	17.5730
December	18.7729	17.8643	18.4934