YEARLY HIGH
2.3872 AZN
YEARLY LOW
1.9500 AZN
YEARLY AVERAGE
2.1695 AZN

2016 FKP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 2.3872. Conversely, the yearly low was recorded on October 17, dropping to 1.9500.

This high-to-low spread represents a total annual volatility of 0.4373 AZN. From a start-to-finish perspective, comparing the January average rate of 2.2817 to the December average rate of 2.2108, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3872 was up 2.78% compared to the 2015 peak of 2.3226, 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 11,936 AZN
2015 Average 7,807 AZN
Yearly Trough Low 9,750 AZN
Transaction Impact: A difference of 2,186.42 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3335
1.9679
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 2.2255, compared to 2.1136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1118 points.

H1 Avg (Jan–Jun) 2.2255
H2 Avg (Jul–Dec) 2.1136

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2617 AZN (High: 2.3003 / Low: 2.0386). On the other end, December was the most stable month, with a tight range of 0.0498 AZN (High: 2.2403 / Low: 2.1904).

June Spread (Volatile) ±0.2617
December Spread (Stable) ±0.0498

Growth Streaks & Declines

Trends

Between July and September, 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 September and October, when the average rate fell by 0.1629 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 2.3030) against the same month in 2015 (average: 1.5686), the exchange rate shifted by +0.7344 (+46.82%).

2016 Avg (March) 2.3030
2015 Avg (March) 1.5686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3315 2.2335 2.2817
February 2.3529 2.1685 2.2629
March 2.3872 2.1759 2.3030
April 2.2033 2.1382 2.1693
May 2.2099 2.1590 2.1769
June 2.3003 2.0386 2.1590
July 2.1120 1.9970 2.0606
August 2.1743 2.0876 2.1264
September 2.2149 2.1103 2.1613
October 2.1140 1.9500 1.9984
November 2.1819 2.0219 2.1242
December 2.2403 2.1904 2.2108