2011 ETB to AZN Historical Review

YEARLY HIGH

0.0627 AZN

YEARLY LOW

0.0454 AZN

YEARLY AVERAGE

0.0504 AZN

2011 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0627. Conversely, the yearly low was recorded on December 28, dropping to 0.0454.

This high-to-low spread represents a total annual volatility of 0.0173 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0626 to the December average rate of 0.0456, the exchange rate registered a net change of -27.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0627 was down 19.85% compared to the 2010 peak of 0.0783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 314 AZN

2010 Average 348 AZN

Yearly Trough Low 227 AZN

Transaction Impact: A difference of 86.41 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0643

0.0439

JanuMarcMayJulySeptNove

ETB 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 0.0549, compared to 0.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.0549

H2 Avg (Jul–Dec) 0.0459

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0151 AZN (High: 0.0619 / Low: 0.0468). On the other end, October was the most stable month, with a tight range of 0.0001 AZN (High: 0.0460 / Low: 0.0459).

April Spread (Volatile) ±0.0151

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0130 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0626) against the same month in 2010 (average: 0.0745), the exchange rate shifted by -0.0119 (-15.92%).

2011 Avg (January) 0.0626

2010 Avg (January) 0.0745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0627	0.0625	0.0626
February	0.0625	0.0621	0.0623
March	0.0621	0.0619	0.0620
April	0.0619	0.0468	0.0491
May	0.0470	0.0467	0.0469
June	0.0469	0.0464	0.0466
July	0.0464	0.0462	0.0463
August	0.0464	0.0457	0.0461
September	0.0460	0.0459	0.0460
October	0.0460	0.0459	0.0459
November	0.0459	0.0456	0.0458
December	0.0457	0.0454	0.0456