2018 BGN to AZN Historical Review

YEARLY HIGH

1.0873 AZN

YEARLY LOW

0.9772 AZN

YEARLY AVERAGE

1.0267 AZN

2018 BGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.0873. Conversely, the yearly low was recorded on November 12, dropping to 0.9772.

This high-to-low spread represents a total annual volatility of 0.1101 AZN. From a start-to-finish perspective, comparing the January average rate of 1.0558 to the December average rate of 0.9902, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0873 was up 1.13% compared to the 2017 peak of 1.0752, 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 5,437 AZN

2017 Average 4,966 AZN

Yearly Trough Low 4,886 AZN

Transaction Impact: A difference of 550.49 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0770

0.9812

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 1.0509, compared to 1.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 1.0509

H2 Avg (Jul–Dec) 1.0026

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0447 AZN (High: 1.0770 / Low: 1.0324). On the other end, July was the most stable month, with a tight range of 0.0110 AZN (High: 1.0233 / Low: 1.0123).

January Spread (Volatile) ±0.0447

July Spread (Stable) ±0.0110

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 April and May, when the average rate fell by 0.0386 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.0667) against the same month in 2017 (average: 0.9940), the exchange rate shifted by +0.0727 (+7.31%).

2018 Avg (February) 1.0667

2017 Avg (February) 0.9940

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0770	1.0324	1.0558
February	1.0873	1.0525	1.0667
March	1.0841	1.0579	1.0690
April	1.0789	1.0515	1.0682
May	1.0434	1.0057	1.0295
June	1.0281	1.0073	1.0163
July	1.0233	1.0123	1.0176
August	1.0196	0.9875	1.0044
September	1.0246	1.0059	1.0141
October	1.0092	0.9850	0.9999
November	0.9973	0.9772	0.9892
December	0.9973	0.9839	0.9902