2014 AZN to MVR Historical Review

YEARLY HIGH

19.7906 MVR

YEARLY LOW

19.4429 MVR

YEARLY AVERAGE

19.6249 MVR

2014 AZN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 19.7906. Conversely, the yearly low was recorded on December 22, dropping to 19.4429.

This high-to-low spread represents a total annual volatility of 0.3477 MVR. From a start-to-finish perspective, comparing the January average rate of 19.6334 to the December average rate of 19.4951, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 19.7906 was up 0.23% compared to the 2013 peak of 19.7459, 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 98,953 MVR

2013 Average 98,032 MVR

Yearly Trough Low 97,214 MVR

Transaction Impact: A difference of 1,738.70 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

19.7070

19.4758

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 19.6512, compared to 19.5987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0526 points.

H1 Avg (Jan–Jun) 19.6512

H2 Avg (Jul–Dec) 19.5987

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.2421 MVR (High: 19.6866 / Low: 19.4445). On the other end, September was the most stable month, with a tight range of 0.0579 MVR (High: 19.6599 / Low: 19.6020).

November Spread (Volatile) ±0.2421

September Spread (Stable) ±0.0579

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0950 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 19.6877) against the same month in 2013 (average: 19.5638), the exchange rate shifted by +0.1239 (+0.63%).

2014 Avg (June) 19.6877

2013 Avg (June) 19.5638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.6826	19.5683	19.6334
February	19.7023	19.5720	19.6455
March	19.7148	19.5832	19.6459
April	19.7028	19.5884	19.6430
May	19.7672	19.5584	19.6521
June	19.7906	19.6236	19.6877
July	19.6815	19.5828	19.6454
August	19.6893	19.5757	19.6258
September	19.6599	19.6020	19.6275
October	19.7472	19.5739	19.6466
November	19.6866	19.4445	19.5516
December	19.5438	19.4429	19.4951