2011 AZN to EUR Historical Review

YEARLY HIGH

0.9826 EUR

YEARLY LOW

0.8517 EUR

YEARLY AVERAGE

0.9111 EUR

2011 AZN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9826. Conversely, the yearly low was recorded on May 4, dropping to 0.8517.

This high-to-low spread represents a total annual volatility of 0.1310 EUR. From a start-to-finish perspective, comparing the January average rate of 0.9386 to the December average rate of 0.9664, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9826 was down 5.77% compared to the 2010 peak of 1.0428, 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 4,913 EUR

2010 Average 4,684 EUR

Yearly Trough Low 4,258 EUR

Transaction Impact: A difference of 654.81 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9757

0.8646

JanuMarcMayJulySeptNove

AZN to EUR 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 0.9000, compared to 0.9222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.9000

H2 Avg (Jul–Dec) 0.9222

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0611 EUR (High: 0.9593 / Low: 0.8982). On the other end, August was the most stable month, with a tight range of 0.0232 EUR (High: 0.9000 / Low: 0.8768).

October Spread (Volatile) ±0.0611

August Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0261 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.9664) against the same month in 2010 (average: 0.9474), the exchange rate shifted by +0.0191 (+2.01%).

2011 Avg (December) 0.9664

2010 Avg (December) 0.9474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9700	0.9149	0.9386
February	0.9337	0.9101	0.9217
March	0.9137	0.8879	0.8999
April	0.8899	0.8521	0.8738
May	0.9026	0.8517	0.8834
June	0.8972	0.8644	0.8825
July	0.9099	0.8758	0.8899
August	0.9000	0.8768	0.8875
September	0.9467	0.8912	0.9242
October	0.9593	0.8982	0.9266
November	0.9613	0.9218	0.9385
December	0.9826	0.9443	0.9664