2019 ETB to AZN Historical Review

YEARLY HIGH

0.0606 AZN

YEARLY LOW

0.0533 AZN

YEARLY AVERAGE

0.0583 AZN

2019 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0606. Conversely, the yearly low was recorded on December 31, dropping to 0.0533.

This high-to-low spread represents a total annual volatility of 0.0073 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0600 to the December average rate of 0.0541, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0606 was down 2.70% compared to the 2018 peak of 0.0623, 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 303 AZN

2018 Average 307 AZN

Yearly Trough Low 266 AZN

Transaction Impact: A difference of 36.56 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0606

0.0535

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 0.0594, compared to 0.0573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0594

H2 Avg (Jul–Dec) 0.0573

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0027 AZN (High: 0.0560 / Low: 0.0533). On the other end, March was the most stable month, with a tight range of 0.0007 AZN (High: 0.0601 / Low: 0.0594).

December Spread (Volatile) ±0.0027

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0028 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0600) against the same month in 2018 (average: 0.0617), the exchange rate shifted by -0.0016 (-2.63%).

2019 Avg (January) 0.0600

2018 Avg (January) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0606	0.0597	0.0600
February	0.0603	0.0595	0.0598
March	0.0601	0.0594	0.0596
April	0.0596	0.0589	0.0591
May	0.0594	0.0585	0.0589
June	0.0594	0.0585	0.0588
July	0.0596	0.0584	0.0588
August	0.0592	0.0577	0.0584
September	0.0585	0.0577	0.0579
October	0.0583	0.0572	0.0576
November	0.0579	0.0556	0.0569
December	0.0560	0.0533	0.0541