2014 AZN to TRY Historical Review

YEARLY HIGH

3.0034 TRY

YEARLY LOW

2.6412 TRY

YEARLY AVERAGE

2.7902 TRY

2014 AZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 3.0034. Conversely, the yearly low was recorded on May 13, dropping to 2.6412.

This high-to-low spread represents a total annual volatility of 0.3622 TRY. From a start-to-finish perspective, comparing the January average rate of 2.8300 to the December average rate of 2.9270, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.0034 was up 9.34% compared to the 2013 peak of 2.7468, 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 15,017 TRY

2013 Average 12,147 TRY

Yearly Trough Low 13,206 TRY

Transaction Impact: A difference of 1,811.21 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9531

2.6406

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 2.7582, compared to 2.8222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0640 points.

H1 Avg (Jan–Jun) 2.7582

H2 Avg (Jul–Dec) 2.8222

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2410 TRY (High: 2.9766 / Low: 2.7356). On the other end, May was the most stable month, with a tight range of 0.0483 TRY (High: 2.6895 / Low: 2.6412).

January Spread (Volatile) ±0.2410

May Spread (Stable) ±0.0483

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 0.1120 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.9270) against the same month in 2013 (average: 2.6364), the exchange rate shifted by +0.2907 (+11.03%).

2014 Avg (December) 2.9270

2013 Avg (December) 2.6364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9766	2.7356	2.8300
February	2.9051	2.7771	2.8173
March	2.8553	2.7383	2.8230
April	2.7396	2.6787	2.7109
May	2.6895	2.6412	2.6666
June	2.7364	2.6504	2.7013
July	2.7268	2.6690	2.7024
August	2.7815	2.7176	2.7536
September	2.9054	2.7537	2.8239
October	2.9259	2.8043	2.8780
November	2.8834	2.8178	2.8480
December	3.0034	2.8254	2.9270