2014 BND to AZN Historical Review

YEARLY HIGH

0.6331 AZN

YEARLY LOW

0.5915 AZN

YEARLY AVERAGE

0.6189 AZN

2014 BND to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 0.6331. Conversely, the yearly low was recorded on December 31, dropping to 0.5915.

This high-to-low spread represents a total annual volatility of 0.0416 AZN. From a start-to-finish perspective, comparing the January average rate of 0.6162 to the December average rate of 0.5957, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6331 was down 1.68% compared to the 2013 peak of 0.6439, 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 3,166 AZN

2013 Average 3,136 AZN

Yearly Trough Low 2,958 AZN

Transaction Impact: A difference of 208.11 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6343

0.5922

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 0.6220, compared to 0.6159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.6220

H2 Avg (Jul–Dec) 0.6159

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0123 AZN (High: 0.6270 / Low: 0.6146). On the other end, August was the most stable month, with a tight range of 0.0038 AZN (High: 0.6301 / Low: 0.6264).

September Spread (Volatile) ±0.0123

August Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between March and July, 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 November and December, when the average rate fell by 0.0098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.6308) against the same month in 2013 (average: 0.6190), the exchange rate shifted by +0.0118 (+1.91%).

2014 Avg (July) 0.6308

2013 Avg (July) 0.6190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6206	0.6119	0.6162
February	0.6225	0.6119	0.6191
March	0.6228	0.6151	0.6189
April	0.6284	0.6207	0.6247
May	0.6282	0.6241	0.6264
June	0.6288	0.6235	0.6269
July	0.6331	0.6286	0.6308
August	0.6301	0.6264	0.6279
September	0.6270	0.6146	0.6204
October	0.6187	0.6106	0.6150
November	0.6117	0.6009	0.6054
December	0.6009	0.5915	0.5957