2014 FKP to AZN Historical Review

YEARLY HIGH

1.3459 AZN

YEARLY LOW

1.2167 AZN

YEARLY AVERAGE

1.2918 AZN

2014 FKP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 1.3459. Conversely, the yearly low was recorded on December 29, dropping to 1.2167.

This high-to-low spread represents a total annual volatility of 0.1292 AZN. From a start-to-finish perspective, comparing the January average rate of 1.2912 to the December average rate of 1.2256, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3459 was up 3.64% compared to the 2013 peak of 1.2986, 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 6,729 AZN

2013 Average 6,137 AZN

Yearly Trough Low 6,084 AZN

Transaction Impact: A difference of 645.78 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3498

1.2143

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 1.3090, compared to 1.2745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 1.3090

H2 Avg (Jul–Dec) 1.2745

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0401 AZN (High: 1.3023 / Low: 1.2622). On the other end, December was the most stable month, with a tight range of 0.0180 AZN (High: 1.2347 / Low: 1.2167).

September Spread (Volatile) ±0.0401

December Spread (Stable) ±0.0180

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0314 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 1.3385) against the same month in 2013 (average: 1.1903), the exchange rate shifted by +0.1482 (+12.45%).

2014 Avg (July) 1.3385

2013 Avg (July) 1.1903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3047	1.2824	1.2912
February	1.3143	1.2787	1.2989
March	1.3131	1.2920	1.3036
April	1.3230	1.2999	1.3127
May	1.3310	1.3105	1.3206
June	1.3414	1.3125	1.3268
July	1.3459	1.3239	1.3385
August	1.3238	1.2972	1.3090
September	1.3023	1.2622	1.2776
October	1.2690	1.2461	1.2599
November	1.2550	1.2256	1.2367
December	1.2347	1.2167	1.2256