2011 AZN to GIP Historical Review

YEARLY HIGH

0.8305 GIP

YEARLY LOW

0.7576 GIP

YEARLY AVERAGE

0.7905 GIP

2011 AZN to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.8305. Conversely, the yearly low was recorded on May 2, dropping to 0.7576.

This high-to-low spread represents a total annual volatility of 0.0729 GIP. From a start-to-finish perspective, comparing the January average rate of 0.7963 to the December average rate of 0.8149, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8305 was down 3.95% compared to the 2010 peak of 0.8646, 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 4,152 GIP

2010 Average 4,018 GIP

Yearly Trough Low 3,788 GIP

Transaction Impact: A difference of 364.40 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8192

0.7676

JanuMarcMayJulySeptNove

AZN to GIP 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 0.7812, compared to 0.7998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.7812

H2 Avg (Jul–Dec) 0.7998

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0414 GIP (High: 0.8262 / Low: 0.7848). On the other end, February was the most stable month, with a tight range of 0.0114 GIP (High: 0.7869 / Low: 0.7755).

September Spread (Volatile) ±0.0414

February Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0157 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.8072) against the same month in 2010 (average: 0.7865), the exchange rate shifted by +0.0207 (+2.63%).

2011 Avg (October) 0.8072

2010 Avg (October) 0.7865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8115	0.7835	0.7963
February	0.7869	0.7755	0.7806
March	0.7905	0.7703	0.7812
April	0.7870	0.7585	0.7719
May	0.7858	0.7576	0.7741
June	0.7973	0.7716	0.7834
July	0.8037	0.7759	0.7888
August	0.7873	0.7694	0.7780
September	0.8262	0.7848	0.8050
October	0.8305	0.7902	0.8072
November	0.8231	0.7927	0.8052
December	0.8249	0.8088	0.8149