2015 AZN to TOP Historical Review

YEARLY HIGH

2.5880 TOP

YEARLY LOW

1.4301 TOP

YEARLY AVERAGE

2.1012 TOP

2015 AZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.5880. Conversely, the yearly low was recorded on December 31, dropping to 1.4301.

This high-to-low spread represents a total annual volatility of 1.1579 TOP. From a start-to-finish perspective, comparing the January average rate of 2.5277 to the December average rate of 1.9598, the exchange rate registered a net change of -22.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.5880 was up 1.14% compared to the 2014 peak of 2.5588, 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 12,940 TOP

2014 Average 12,037 TOP

Yearly Trough Low 7,151 TOP

Transaction Impact: A difference of 5,789.30 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.5881

1.8634

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 2.1211, compared to 2.0812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0399 points.

H1 Avg (Jan–Jun) 2.1211

H2 Avg (Jul–Dec) 2.0812

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.7422 TOP (High: 2.1724 / Low: 1.4301). On the other end, May was the most stable month, with a tight range of 0.0076 TOP (High: 1.9358 / Low: 1.9282).

December Spread (Volatile) ±0.7422

May Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5015 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 2.4253) against the same month in 2014 (average: 2.3848), the exchange rate shifted by +0.0404 (+1.70%).

2015 Avg (February) 2.4253

2014 Avg (February) 2.3848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5430	2.5153	2.5277
February	2.5880	1.9021	2.4253
March	1.9467	1.9032	1.9238
April	1.9354	1.9187	1.9276
May	1.9358	1.9282	1.9308
June	2.0613	1.9472	1.9916
July	2.1141	2.0256	2.0579
August	2.1563	2.1110	2.1165
September	2.1579	2.0500	2.0996
October	2.1424	2.1120	2.1306
November	2.1450	2.1069	2.1228
December	2.1724	1.4301	1.9598