2018 ETB to AZN Historical Review

YEARLY HIGH

0.0623 AZN

YEARLY LOW

0.0598 AZN

YEARLY AVERAGE

0.0614 AZN

2018 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0623. Conversely, the yearly low was recorded on December 29, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.0024 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0617 to the December average rate of 0.0604, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0623 was down 27.65% compared to the 2017 peak of 0.0861, 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 311 AZN

2017 Average 361 AZN

Yearly Trough Low 299 AZN

Transaction Impact: A difference of 12.08 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0621

0.0602

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 0.0617, compared to 0.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0617

H2 Avg (Jul–Dec) 0.0612

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0013 AZN (High: 0.0611 / Low: 0.0598). On the other end, May was the most stable month, with a tight range of 0.0002 AZN (High: 0.0620 / Low: 0.0618).

December Spread (Volatile) ±0.0013

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0618) against the same month in 2017 (average: 0.0727), the exchange rate shifted by -0.0109 (-15.01%).

2018 Avg (July) 0.0618

2017 Avg (July) 0.0727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0613	0.0617
February	0.0619	0.0612	0.0614
March	0.0622	0.0612	0.0617
April	0.0622	0.0617	0.0619
May	0.0620	0.0618	0.0619
June	0.0621	0.0615	0.0618
July	0.0623	0.0613	0.0618
August	0.0619	0.0613	0.0616
September	0.0618	0.0609	0.0614
October	0.0617	0.0606	0.0611
November	0.0615	0.0605	0.0608
December	0.0611	0.0598	0.0604