2014 BAM to AZN Historical Review

YEARLY HIGH

0.5581 AZN

YEARLY LOW

0.4853 AZN

YEARLY AVERAGE

0.5325 AZN

2014 BAM to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.5581. Conversely, the yearly low was recorded on December 31, dropping to 0.4853.

This high-to-low spread represents a total annual volatility of 0.0728 AZN. From a start-to-finish perspective, comparing the January average rate of 0.5459 to the December average rate of 0.4933, the exchange rate registered a net change of -9.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5581 was up 0.85% compared to the 2013 peak of 0.5534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 2,790 AZN

2013 Average 2,662 AZN

Yearly Trough Low 2,426 AZN

Transaction Impact: A difference of 363.81 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5600

0.4873

JanuMarcMayJulySeptNove

BAM to AZN 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 0.5493, compared to 0.5156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0337 points.

H1 Avg (Jan–Jun) 0.5493

H2 Avg (Jul–Dec) 0.5156

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0202 AZN (High: 0.5267 / Low: 0.5065). On the other end, June was the most stable month, with a tight range of 0.0056 AZN (High: 0.5479 / Low: 0.5423).

September Spread (Volatile) ±0.0202

June Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0171 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.5539) against the same month in 2013 (average: 0.5199), the exchange rate shifted by +0.0340 (+6.55%).

2014 Avg (March) 0.5539

2013 Avg (March) 0.5199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5515	0.5416	0.5459
February	0.5510	0.5403	0.5472
March	0.5581	0.5505	0.5539
April	0.5564	0.5490	0.5533
May	0.5575	0.5451	0.5504
June	0.5479	0.5423	0.5450
July	0.5480	0.5365	0.5428
August	0.5379	0.5262	0.5336
September	0.5267	0.5065	0.5165
October	0.5124	0.5013	0.5077
November	0.5025	0.4959	0.4998
December	0.5008	0.4853	0.4933