2011 TMT to AZN Historical Review

YEARLY HIGH

0.7974 AZN

YEARLY LOW

0.7851 AZN

YEARLY AVERAGE

0.7892 AZN

2011 TMT to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TMT to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.7974. Conversely, the yearly low was recorded on August 4, dropping to 0.7851.

This high-to-low spread represents a total annual volatility of 0.0122 AZN. From a start-to-finish perspective, comparing the January average rate of 0.7970 to the December average rate of 0.7860, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7974 was down 8.88% compared to the 2010 peak of 0.8752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,987 AZN

2010 Average 4,030 AZN

Yearly Trough Low 3,926 AZN

Transaction Impact: A difference of 61.25 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7981

0.7849

JanuMarcMayJulySeptNove

TMT 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 0.7923, compared to 0.7861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.7923

H2 Avg (Jul–Dec) 0.7861

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0027 AZN (High: 0.7889 / Low: 0.7862). On the other end, December was the most stable month, with a tight range of 0.0007 AZN (High: 0.7863 / Low: 0.7856).

June Spread (Volatile) ±0.0027

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.7970) against the same month in 2010 (average: 0.8022), the exchange rate shifted by -0.0052 (-0.65%).

2011 Avg (January) 0.7970

2010 Avg (January) 0.8022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7974	0.7960	0.7970
February	0.7959	0.7936	0.7947
March	0.7935	0.7921	0.7929
April	0.7921	0.7909	0.7915
May	0.7911	0.7889	0.7900
June	0.7889	0.7862	0.7876
July	0.7870	0.7855	0.7862
August	0.7867	0.7851	0.7860
September	0.7865	0.7854	0.7860
October	0.7872	0.7859	0.7863
November	0.7869	0.7855	0.7862
December	0.7863	0.7856	0.7860