2011 AZN to SHP Historical Review

YEARLY HIGH

0.8274 SHP

YEARLY LOW

0.7575 SHP

YEARLY AVERAGE

0.7903 SHP

2011 AZN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.8274. Conversely, the yearly low was recorded on May 1, dropping to 0.7575.

This high-to-low spread represents a total annual volatility of 0.0699 SHP. From a start-to-finish perspective, comparing the January average rate of 0.7958 to the December average rate of 0.8153, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8274 was down 4.40% compared to the 2010 peak of 0.8655, 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 4,137 SHP

2010 Average 4,017 SHP

Yearly Trough Low 3,788 SHP

Transaction Impact: A difference of 349.42 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8197

0.7673

JanuMarcMayJulySeptNove

AZN to SHP 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 0.7810, compared to 0.7996 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) 0.7810

H2 Avg (Jul–Dec) 0.7996

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0425 SHP (High: 0.8274 / Low: 0.7850). On the other end, February was the most stable month, with a tight range of 0.0116 SHP (High: 0.7865 / Low: 0.7749).

September Spread (Volatile) ±0.0425

February Spread (Stable) ±0.0116

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 0.0155 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.8053) against the same month in 2010 (average: 0.8005), the exchange rate shifted by +0.0048 (+0.60%).

2011 Avg (September) 0.8053

2010 Avg (September) 0.8005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8103	0.7843	0.7958
February	0.7865	0.7749	0.7802
March	0.7893	0.7703	0.7808
April	0.7853	0.7575	0.7716
May	0.7857	0.7575	0.7742
June	0.7961	0.7721	0.7833
July	0.8010	0.7754	0.7878
August	0.7862	0.7704	0.7778
September	0.8274	0.7850	0.8053
October	0.8270	0.7895	0.8065
November	0.8235	0.7924	0.8051
December	0.8253	0.8106	0.8153