YEARLY HIGH
1.3557 TOP
YEARLY LOW
1.3041 TOP
YEARLY AVERAGE
1.3322 TOP

2021 AZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.3557. Conversely, the yearly low was recorded on June 2, dropping to 1.3041.

This high-to-low spread represents a total annual volatility of 0.0516 TOP. From a start-to-finish perspective, comparing the January average rate of 1.3411 to the December average rate of 1.3435, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3557 was down 3.79% compared to the 2020 peak of 1.4092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,779 TOP
2020 Average 6,760 TOP
Yearly Trough Low 6,521 TOP
Transaction Impact: A difference of 258.05 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3531
1.3105
JanuMarcMayJulySeptNove

AZN to TOP 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 1.3346, compared to 1.3297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 1.3346
H2 Avg (Jul–Dec) 1.3297

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0295 TOP (High: 1.3438 / Low: 1.3144). On the other end, December was the most stable month, with a tight range of 0.0110 TOP (High: 1.3491 / Low: 1.3380).

November Spread (Volatile) ±0.0295
December Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0144 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.3496) against the same month in 2020 (average: 1.3606), the exchange rate shifted by -0.0110 (-0.81%).

2021 Avg (February) 1.3496
2020 Avg (February) 1.3606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3509 1.3292 1.3411
February 1.3557 1.3359 1.3496
March 1.3512 1.3286 1.3407
April 1.3472 1.3286 1.3384
May 1.3356 1.3120 1.3239
June 1.3265 1.3041 1.3141
July 1.3328 1.3217 1.3274
August 1.3441 1.3244 1.3310
September 1.3383 1.3164 1.3242
October 1.3350 1.3132 1.3247
November 1.3438 1.3144 1.3275
December 1.3491 1.3380 1.3435