2014 BHD to AZN Historical Review

YEARLY HIGH

2.0911 AZN

YEARLY LOW

2.0763 AZN

YEARLY AVERAGE

2.0798 AZN

2014 BHD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.0911. Conversely, the yearly low was recorded on September 28, dropping to 2.0763.

This high-to-low spread represents a total annual volatility of 0.0148 AZN. From a start-to-finish perspective, comparing the January average rate of 2.0802 to the December average rate of 2.0798, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0911 was up 0.21% compared to the 2013 peak of 2.0866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,455 AZN

2013 Average 10,404 AZN

Yearly Trough Low 10,381 AZN

Transaction Impact: A difference of 73.87 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0803

2.0792

JanuMarcMayJulySeptNove

BHD 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 2.0799, compared to 2.0797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 2.0799

H2 Avg (Jul–Dec) 2.0797

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0128 AZN (High: 2.0911 / Low: 2.0782). On the other end, June was the most stable month, with a tight range of 0.0010 AZN (High: 2.0801 / Low: 2.0791).

January Spread (Volatile) ±0.0128

June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.0802) against the same month in 2013 (average: 2.0821), the exchange rate shifted by -0.0018 (-0.09%).

2014 Avg (January) 2.0802

2013 Avg (January) 2.0821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0911	2.0782	2.0802
February	2.0819	2.0783	2.0800
March	2.0808	2.0792	2.0798
April	2.0805	2.0776	2.0795
May	2.0809	2.0793	2.0800
June	2.0801	2.0791	2.0797
July	2.0802	2.0789	2.0798
August	2.0798	2.0774	2.0793
September	2.0823	2.0763	2.0794
October	2.0810	2.0777	2.0796
November	2.0834	2.0783	2.0801
December	2.0828	2.0778	2.0798