2011 AZN to MVR Historical Review

YEARLY HIGH

17.9779 MVR

YEARLY LOW

16.0533 MVR

YEARLY AVERAGE

17.2626 MVR

2011 AZN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 17.9779. Conversely, the yearly low was recorded on January 2, dropping to 16.0533.

This high-to-low spread represents a total annual volatility of 1.9246 MVR. From a start-to-finish perspective, comparing the January average rate of 16.0611 to the December average rate of 17.9196, the exchange rate registered a net change of 11.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 17.9779 was up 11.45% compared to the 2010 peak of 16.1306, 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 89,890 MVR

2010 Average 79,426 MVR

Yearly Trough Low 80,266 MVR

Transaction Impact: A difference of 9,623.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

18.1324

15.8728

JanuMarcMayJulySeptNove

AZN to MVR 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 16.6014, compared to 17.9238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3224 points.

H1 Avg (Jan–Jun) 16.6014

H2 Avg (Jul–Dec) 17.9238

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 1.6845 MVR (High: 17.8676 / Low: 16.1832). On the other end, January was the most stable month, with a tight range of 0.0266 MVR (High: 16.0799 / Low: 16.0533).

May Spread (Volatile) ±1.6845

January Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between January and October, 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 October and November, when the average rate fell by 0.0282 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 17.9363) against the same month in 2010 (average: 15.9475), the exchange rate shifted by +1.9888 (+12.47%).

2011 Avg (September) 17.9363

2010 Avg (September) 15.9475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0799	16.0533	16.0611
February	16.1353	16.0786	16.1073
March	16.1586	16.1311	16.1441
April	16.1880	16.1532	16.1739
May	17.8676	16.1832	17.2669
June	17.9457	17.8096	17.8549
July	17.9608	17.8785	17.9118
August	17.9456	17.8875	17.9150
September	17.9779	17.9009	17.9363
October	17.9704	17.8961	17.9441
November	17.9631	17.8045	17.9159
December	17.9496	17.8663	17.9196