2011 NPR to AZN Historical Review

YEARLY HIGH

0.0113 AZN

YEARLY LOW

0.0092 AZN

YEARLY AVERAGE

0.0107 AZN

2011 NPR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0113. Conversely, the yearly low was recorded on December 15, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0022 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0094, the exchange rate registered a net change of -16.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0113 was down 6.71% compared to the 2010 peak of 0.0121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 AZN

2010 Average 56 AZN

Yearly Trough Low 46 AZN

Transaction Impact: A difference of 10.77 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0114

0.0092

JanuMarcMayJulySeptNove

NPR 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 0.0111, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0111

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0007 AZN (High: 0.0108 / Low: 0.0101). On the other end, February was the most stable month, with a tight range of 0.0001 AZN (High: 0.0112 / Low: 0.0111).

September Spread (Volatile) ±0.0007

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0112) against the same month in 2010 (average: 0.0112), the exchange rate shifted by -0.0000 (-0.03%).

2011 Avg (January) 0.0112

2010 Avg (January) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0113	0.0111	0.0112
February	0.0112	0.0111	0.0112
March	0.0113	0.0111	0.0112
April	0.0112	0.0111	0.0112
May	0.0112	0.0109	0.0110
June	0.0111	0.0109	0.0110
July	0.0112	0.0110	0.0111
August	0.0111	0.0107	0.0108
September	0.0108	0.0101	0.0104
October	0.0102	0.0101	0.0101
November	0.0102	0.0096	0.0098
December	0.0096	0.0092	0.0094