2011 AZN to TRY Historical Review

YEARLY HIGH

2.4344 TRY

YEARLY LOW

1.9001 TRY

YEARLY AVERAGE

2.1286 TRY

2011 AZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.4344. Conversely, the yearly low was recorded on April 8, dropping to 1.9001.

This high-to-low spread represents a total annual volatility of 0.5343 TRY. From a start-to-finish perspective, comparing the January average rate of 1.9660 to the December average rate of 2.3787, the exchange rate registered a net change of 20.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.4344 was up 21.95% compared to the 2010 peak of 1.9962, 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 12,172 TRY

2010 Average 9,354 TRY

Yearly Trough Low 9,500 TRY

Transaction Impact: A difference of 2,671.61 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4245

1.8755

JanuMarcMayJulySeptNove

AZN to TRY 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 1.9845, compared to 2.2728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2883 points.

H1 Avg (Jan–Jun) 1.9845

H2 Avg (Jul–Dec) 2.2728

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1969 TRY (High: 2.4165 / Low: 2.2196). On the other end, April was the most stable month, with a tight range of 0.0409 TRY (High: 1.9410 / Low: 1.9001).

October Spread (Volatile) ±0.1969

April Spread (Stable) ±0.0409

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0704 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.3787) against the same month in 2010 (average: 1.9084), the exchange rate shifted by +0.4703 (+24.64%).

2011 Avg (December) 2.3787

2010 Avg (December) 1.9084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0149	1.9280	1.9660
February	2.0243	1.9819	2.0003
March	2.0401	1.9497	1.9916
April	1.9410	1.9001	1.9212
May	2.0362	1.9207	1.9942
June	2.0916	2.0004	2.0335
July	2.1870	2.0472	2.1067
August	2.2762	2.1350	2.2344
September	2.3617	2.1907	2.2843
October	2.4165	2.2196	2.3260
November	2.3990	2.2349	2.3064
December	2.4344	2.3183	2.3787