2011 BND to AZN Historical Review

YEARLY HIGH

0.6563 AZN

YEARLY LOW

0.5986 AZN

YEARLY AVERAGE

0.6282 AZN

2011 BND to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.6563. Conversely, the yearly low was recorded on November 25, dropping to 0.5986.

This high-to-low spread represents a total annual volatility of 0.0577 AZN. From a start-to-finish perspective, comparing the January average rate of 0.6190 to the December average rate of 0.6069, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6563 was up 4.99% compared to the 2010 peak of 0.6251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,281 AZN

2010 Average 2,957 AZN

Yearly Trough Low 2,993 AZN

Transaction Impact: A difference of 288.49 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6541

0.6026

JanuMarcMayJulySeptNove

BND 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 0.6296, compared to 0.6268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.6296

H2 Avg (Jul–Dec) 0.6268

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0393 AZN (High: 0.6526 / Low: 0.6132). On the other end, February was the most stable month, with a tight range of 0.0061 AZN (High: 0.6252 / Low: 0.6191).

September Spread (Volatile) ±0.0393

February Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0172 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.6498) against the same month in 2010 (average: 0.5925), the exchange rate shifted by +0.0573 (+9.67%).

2011 Avg (August) 0.6498

2010 Avg (August) 0.5925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6216	0.6139	0.6190
February	0.6252	0.6191	0.6226
March	0.6289	0.6190	0.6251
April	0.6459	0.6271	0.6346
May	0.6471	0.6316	0.6383
June	0.6419	0.6331	0.6378
July	0.6539	0.6384	0.6461
August	0.6563	0.6441	0.6498
September	0.6526	0.6132	0.6326
October	0.6314	0.6003	0.6163
November	0.6226	0.5986	0.6093
December	0.6141	0.6009	0.6069