2011 FKP to AZN Historical Review

YEARLY HIGH

1.3201 AZN

YEARLY LOW

1.2086 AZN

YEARLY AVERAGE

1.2658 AZN

2011 FKP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.3201. Conversely, the yearly low was recorded on September 22, dropping to 1.2086.

This high-to-low spread represents a total annual volatility of 0.1115 AZN. From a start-to-finish perspective, comparing the January average rate of 1.2568 to the December average rate of 1.2266, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3201 was up 0.61% compared to the 2010 peak of 1.3121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,600 AZN

2010 Average 6,228 AZN

Yearly Trough Low 6,043 AZN

Transaction Impact: A difference of 557.47 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3030

1.2196

JanuMarcMayJulySeptNove

FKP 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 1.2806, compared to 1.2510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0296 points.

H1 Avg (Jan–Jun) 1.2806

H2 Avg (Jul–Dec) 1.2510

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0654 AZN (High: 1.2740 / Low: 1.2086). On the other end, February was the most stable month, with a tight range of 0.0190 AZN (High: 1.2904 / Low: 1.2714).

September Spread (Volatile) ±0.0654

February Spread (Stable) ±0.0190

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 August and September, when the average rate fell by 0.0436 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.2961) against the same month in 2010 (average: 1.2402), the exchange rate shifted by +0.0559 (+4.50%).

2011 Avg (April) 1.2961

2010 Avg (April) 1.2402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2750	1.2341	1.2568
February	1.2904	1.2714	1.2817
March	1.2983	1.2670	1.2807
April	1.3201	1.2733	1.2961
May	1.3201	1.2727	1.2917
June	1.2951	1.2560	1.2768
July	1.2896	1.2484	1.2695
August	1.2981	1.2719	1.2858
September	1.2740	1.2086	1.2421
October	1.2667	1.2092	1.2401
November	1.2620	1.2143	1.2422
December	1.2336	1.2117	1.2266