2011 BGN to AZN Historical Review

YEARLY HIGH

0.6017 AZN

YEARLY LOW

0.5177 AZN

YEARLY AVERAGE

0.5616 AZN

2011 BGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.6017. Conversely, the yearly low was recorded on December 29, dropping to 0.5177.

This high-to-low spread represents a total annual volatility of 0.0840 AZN. From a start-to-finish perspective, comparing the January average rate of 0.5447 to the December average rate of 0.5294, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6017 was up 0.71% compared to the 2010 peak of 0.5975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,008 AZN

2010 Average 2,733 AZN

Yearly Trough Low 2,588 AZN

Transaction Impact: A difference of 420.13 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5904

0.5238

JanuMarcMayJulySeptNove

BGN 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 0.5684, compared to 0.5549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.5684

H2 Avg (Jul–Dec) 0.5549

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0391 AZN (High: 0.5690 / Low: 0.5299). On the other end, August was the most stable month, with a tight range of 0.0136 AZN (High: 0.5823 / Low: 0.5687).

October Spread (Volatile) ±0.0391

August Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0220 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5800) against the same month in 2010 (average: 0.5393), the exchange rate shifted by +0.0407 (+7.54%).

2011 Avg (May) 0.5800

2010 Avg (May) 0.5393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5589	0.5259	0.5447
February	0.5615	0.5462	0.5545
March	0.5760	0.5583	0.5675
April	0.6011	0.5727	0.5848
May	0.6017	0.5659	0.5800
June	0.5906	0.5670	0.5792
July	0.5829	0.5615	0.5739
August	0.5823	0.5687	0.5759
September	0.5741	0.5398	0.5539
October	0.5690	0.5299	0.5515
November	0.5550	0.5307	0.5445
December	0.5422	0.5177	0.5294