2014 AZN to EUR Historical Review

YEARLY HIGH

1.0548 EUR

YEARLY LOW

0.9154 EUR

YEARLY AVERAGE

0.9614 EUR

2014 AZN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0548. Conversely, the yearly low was recorded on March 18, dropping to 0.9154.

This high-to-low spread represents a total annual volatility of 0.1394 EUR. From a start-to-finish perspective, comparing the January average rate of 0.9363 to the December average rate of 1.0362, the exchange rate registered a net change of 10.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0548 was up 5.91% compared to the 2013 peak of 0.9960, 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 5,274 EUR

2013 Average 4,800 EUR

Yearly Trough Low 4,577 EUR

Transaction Impact: A difference of 697.00 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0476

0.9111

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 0.9304, compared to 0.9925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 0.9304

H2 Avg (Jul–Dec) 0.9925

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0403 EUR (High: 1.0100 / Low: 0.9697). On the other end, June was the most stable month, with a tight range of 0.0112 EUR (High: 0.9425 / Low: 0.9314).

September Spread (Volatile) ±0.0403

June Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between March and December, 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 February and March, when the average rate fell by 0.0110 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.0362) against the same month in 2013 (average: 0.9305), the exchange rate shifted by +0.1056 (+11.35%).

2014 Avg (December) 1.0362

2013 Avg (December) 0.9305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9455	0.9271	0.9363
February	0.9458	0.9239	0.9335
March	0.9284	0.9154	0.9225
April	0.9309	0.9183	0.9235
May	0.9382	0.9157	0.9287
June	0.9425	0.9314	0.9376
July	0.9526	0.9323	0.9418
August	0.9712	0.9500	0.9580
September	1.0100	0.9697	0.9901
October	1.0195	0.9946	1.0067
November	1.0307	1.0159	1.0225
December	1.0548	1.0195	1.0362