2016 AZN to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 10.7182. Conversely, the yearly low was recorded on December 29, dropping to 7.5705.
This high-to-low spread represents a total annual volatility of 3.1477 NAD. From a start-to-finish perspective, comparing the January average rate of 10.2743 to the December average rate of 7.8273, the exchange rate registered a net change of -23.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 10.7182 was down 29.24% compared to the 2015 peak of 15.1478, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN to NAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.9231, compared to 8.4767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4463 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 1.1916 NAD (High: 10.6246 / Low: 9.4330). On the other end, December was the most stable month, with a tight range of 0.4692 NAD (High: 8.0398 / Low: 7.5705).
Growth Streaks & Declines
TrendsBetween March and May, 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 June and July, when the average rate fell by 0.7284 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 10.2743) against the same month in 2015 (average: 14.7536), the exchange rate shifted by -4.4793 (-30.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.7182 | 9.8130 | 10.2743 |
| February | 10.2909 | 9.7210 | 9.9903 |
| March | 10.0762 | 9.1578 | 9.5196 |
| April | 10.0155 | 9.4091 | 9.6344 |
| May | 10.6246 | 9.4330 | 10.2010 |
| June | 10.5121 | 9.3655 | 9.9188 |
| July | 9.5360 | 8.7379 | 9.1904 |
| August | 8.8198 | 8.1824 | 8.4718 |
| September | 8.8762 | 8.2716 | 8.5593 |
| October | 8.9231 | 8.2286 | 8.6131 |
| November | 8.4398 | 7.9400 | 8.1985 |
| December | 8.0398 | 7.5705 | 7.8273 |