2012 TMT to AZN Historical Review

YEARLY HIGH

0.7864 AZN

YEARLY LOW

0.7825 AZN

YEARLY AVERAGE

0.7855 AZN

2012 TMT to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TMT to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.7864. Conversely, the yearly low was recorded on June 21, dropping to 0.7825.

This high-to-low spread represents a total annual volatility of 0.0040 AZN. From a start-to-finish perspective, comparing the January average rate of 0.7861 to the December average rate of 0.7848, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.7864 was down 1.37% compared to the 2011 peak of 0.7974, 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 3,932 AZN

2011 Average 3,946 AZN

Yearly Trough Low 3,912 AZN

Transaction Impact: A difference of 19.85 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.7862

0.7847

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 0.7858, compared to 0.7852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.7858

H2 Avg (Jul–Dec) 0.7852

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0034 AZN (High: 0.7859 / Low: 0.7825). On the other end, September was the most stable month, with a tight range of 0.0001 AZN (High: 0.7853 / Low: 0.7852).

June Spread (Volatile) ±0.0034

September 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.7861) against the same month in 2011 (average: 0.7970), the exchange rate shifted by -0.0109 (-1.36%).

2012 Avg (January) 0.7861

2011 Avg (January) 0.7970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7864	0.7858	0.7861
February	0.7862	0.7858	0.7860
March	0.7862	0.7858	0.7860
April	0.7862	0.7856	0.7859
May	0.7860	0.7854	0.7857
June	0.7859	0.7825	0.7854
July	0.7860	0.7850	0.7855
August	0.7858	0.7851	0.7855
September	0.7853	0.7852	0.7853
October	0.7852	0.7850	0.7851
November	0.7850	0.7847	0.7849
December	0.7850	0.7846	0.7848