2012 GIP to AZN Historical Review

YEARLY HIGH

1.2768 AZN

YEARLY LOW

1.2041 AZN

YEARLY AVERAGE

1.2458 AZN

2012 GIP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GIP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 1.2768. Conversely, the yearly low was recorded on January 16, dropping to 1.2041.

This high-to-low spread represents a total annual volatility of 0.0728 AZN. From a start-to-finish perspective, comparing the January average rate of 1.2194 to the December average rate of 1.2602, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.2768 was down 3.27% compared to the 2011 peak of 1.3200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,384 AZN

2011 Average 6,327 AZN

Yearly Trough Low 6,020 AZN

Transaction Impact: A difference of 363.88 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.2642

1.2153

JanuMarcMayJulySeptNove

GIP 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 1.2391, compared to 1.2524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 1.2391

H2 Avg (Jul–Dec) 1.2524

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0618 AZN (High: 1.2759 / Low: 1.2142). On the other end, October was the most stable month, with a tight range of 0.0097 AZN (High: 1.2630 / Low: 1.2533).

May Spread (Volatile) ±0.0618

October Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0312 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2012: 1.2578) against the same month in 2011 (average: 1.2956), the exchange rate shifted by -0.0379 (-2.92%).

2012 Avg (April) 1.2578

2011 Avg (April) 1.2956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2395	1.2041	1.2194
February	1.2560	1.2320	1.2429
March	1.2569	1.2288	1.2439
April	1.2768	1.2448	1.2578
May	1.2759	1.2142	1.2510
June	1.2336	1.2052	1.2197
July	1.2458	1.2255	1.2380
August	1.2510	1.2363	1.2447
September	1.2655	1.2507	1.2599
October	1.2630	1.2533	1.2582
November	1.2600	1.2489	1.2536
December	1.2660	1.2556	1.2602