2013 GIP to AZN Historical Review

YEARLY HIGH

1.2986 AZN

YEARLY LOW

1.1666 AZN

YEARLY AVERAGE

1.2354 AZN

2013 GIP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.2986. Conversely, the yearly low was recorded on July 9, dropping to 1.1666.

This high-to-low spread represents a total annual volatility of 0.1320 AZN. From a start-to-finish perspective, comparing the January average rate of 1.2540 to the December average rate of 1.2843, the exchange rate registered a net change of 2.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.2986 was up 1.70% compared to the 2012 peak of 1.2768, 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 6,493 AZN

2012 Average 6,229 AZN

Yearly Trough Low 5,833 AZN

Transaction Impact: A difference of 660.06 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.2937

1.1809

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 1.2275, compared to 1.2433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 1.2275

H2 Avg (Jul–Dec) 1.2433

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0688 AZN (High: 1.2539 / Low: 1.1851). On the other end, March was the most stable month, with a tight range of 0.0006 AZN (High: 1.2546 / Low: 1.2541).

April Spread (Volatile) ±0.0688

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0506 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.2843) against the same month in 2012 (average: 1.2602), the exchange rate shifted by +0.0241 (+1.92%).

2013 Avg (December) 1.2843

2012 Avg (December) 1.2602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2650	1.2427	1.2540
February	1.2542	1.2245	1.2394
March	1.2546	1.2541	1.2542
April	1.2539	1.1851	1.2037
May	1.2218	1.1807	1.2003
June	1.2332	1.1921	1.2135
July	1.2069	1.1666	1.1903
August	1.2287	1.1874	1.2155
September	1.2678	1.2162	1.2446
October	1.2713	1.2511	1.2614
November	1.2837	1.2471	1.2634
December	1.2986	1.2759	1.2843