2014 ETB to AZN Historical Review

YEARLY HIGH

0.0412 AZN

YEARLY LOW

0.0387 AZN

YEARLY AVERAGE

0.0399 AZN

2014 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0412. Conversely, the yearly low was recorded on December 31, dropping to 0.0387.

This high-to-low spread represents a total annual volatility of 0.0025 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0409 to the December average rate of 0.0389, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0412 was down 4.44% compared to the 2013 peak of 0.0432, 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 206 AZN

2013 Average 210 AZN

Yearly Trough Low 194 AZN

Transaction Impact: A difference of 12.51 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0411

0.0387

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 0.0405, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0405

H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0007 AZN (High: 0.0412 / Low: 0.0406). On the other end, June was the most stable month, with a tight range of 0.0001 AZN (High: 0.0401 / Low: 0.0400).

February Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.0407) against the same month in 2013 (average: 0.0427), the exchange rate shifted by -0.0019 (-4.46%).

2014 Avg (February) 0.0407

2013 Avg (February) 0.0427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0411	0.0407	0.0409
February	0.0412	0.0406	0.0407
March	0.0409	0.0405	0.0406
April	0.0405	0.0401	0.0403
May	0.0404	0.0401	0.0402
June	0.0401	0.0400	0.0400
July	0.0400	0.0396	0.0398
August	0.0397	0.0394	0.0395
September	0.0395	0.0391	0.0393
October	0.0395	0.0390	0.0392
November	0.0392	0.0389	0.0390
December	0.0390	0.0387	0.0389