2012 HNL to AZN Historical Review

YEARLY HIGH

0.0414 AZN

YEARLY LOW

0.0394 AZN

YEARLY AVERAGE

0.0407 AZN

2012 HNL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0414. Conversely, the yearly low was recorded on December 27, dropping to 0.0394.

This high-to-low spread represents a total annual volatility of 0.0020 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0413 to the December average rate of 0.0396, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0414 was down 1.70% compared to the 2011 peak of 0.0421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207 AZN

2011 Average 209 AZN

Yearly Trough Low 197 AZN

Transaction Impact: A difference of 10.14 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0415

0.0394

JanuMarcMayJulySeptNove

HNL 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 0.0412, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0412

H2 Avg (Jul–Dec) 0.0401

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0012 AZN (High: 0.0412 / Low: 0.0400). On the other end, June was the most stable month, with a tight range of 0.0001 AZN (High: 0.0412 / Low: 0.0412).

August Spread (Volatile) ±0.0012

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.0413) against the same month in 2011 (average: 0.0421), the exchange rate shifted by -0.0008 (-2.00%).

2012 Avg (January) 0.0413

2011 Avg (January) 0.0421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0414	0.0412	0.0413
February	0.0413	0.0412	0.0412
March	0.0413	0.0412	0.0412
April	0.0413	0.0412	0.0412
May	0.0412	0.0412	0.0412
June	0.0412	0.0412	0.0412
July	0.0414	0.0405	0.0412
August	0.0412	0.0400	0.0404
September	0.0403	0.0398	0.0401
October	0.0401	0.0398	0.0399
November	0.0398	0.0396	0.0397
December	0.0397	0.0394	0.0396