2013 AZN to TOP Historical Review

YEARLY HIGH

2.4285 TOP

YEARLY LOW

2.1971 TOP

YEARLY AVERAGE

2.2838 TOP

2013 AZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 2.4285. Conversely, the yearly low was recorded on March 5, dropping to 2.1971.

This high-to-low spread represents a total annual volatility of 0.2315 TOP. From a start-to-finish perspective, comparing the January average rate of 2.2098 to the December average rate of 2.3687, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.4285 was up 5.66% compared to the 2012 peak of 2.2984, 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 12,143 TOP

2012 Average 11,065 TOP

Yearly Trough Low 10,985 TOP

Transaction Impact: A difference of 1,157.27 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.3852

2.1875

JanuMarcMayJulySeptNove

AZN to TOP 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 2.2280, compared to 2.3397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1117 points.

H1 Avg (Jan–Jun) 2.2280

H2 Avg (Jul–Dec) 2.3397

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.1484 TOP (High: 2.3674 / Low: 2.2190). On the other end, February was the most stable month, with a tight range of 0.0166 TOP (High: 2.2162 / Low: 2.1996).

June Spread (Volatile) ±0.1484

February Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0433 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 2.3431) against the same month in 2012 (average: 2.2190), the exchange rate shifted by +0.1241 (+5.59%).

2013 Avg (September) 2.3431

2012 Avg (September) 2.2190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2199	2.1979	2.2098
February	2.2162	2.1996	2.2040
March	2.2419	2.1971	2.2271
April	2.2324	2.2010	2.2199
May	2.2542	2.2179	2.2287
June	2.3674	2.2190	2.2787
July	2.3755	2.3370	2.3525
August	2.3722	2.3371	2.3609
September	2.4285	2.2957	2.3431
October	2.3217	2.2809	2.2997
November	2.3701	2.2739	2.3132
December	2.3732	2.3520	2.3687