2017 TMT to AZN Historical Review

YEARLY HIGH

1.9517 AZN

YEARLY LOW

1.6650 AZN

YEARLY AVERAGE

1.7209 AZN

2017 TMT to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TMT to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.9517. Conversely, the yearly low was recorded on April 15, dropping to 1.6650.

This high-to-low spread represents a total annual volatility of 0.2867 AZN. From a start-to-finish perspective, comparing the January average rate of 1.8540 to the December average rate of 1.6972, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9517 was up 8.33% compared to the 2016 peak of 1.8017, 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 9,759 AZN

2016 Average 8,021 AZN

Yearly Trough Low 8,325 AZN

Transaction Impact: A difference of 1,433.50 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8709

1.6682

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 1.7469, compared to 1.6948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 1.7469

H2 Avg (Jul–Dec) 1.6948

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1867 AZN (High: 1.9517 / Low: 1.7650). On the other end, November was the most stable month, with a tight range of 0.0015 AZN (High: 1.7000 / Low: 1.6985).

February Spread (Volatile) ±0.1867

November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0900 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.8263) against the same month in 2016 (average: 1.5811), the exchange rate shifted by +0.2452 (+15.51%).

2017 Avg (February) 1.8263

2016 Avg (February) 1.5811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9481	1.8017	1.8540
February	1.9517	1.7650	1.8263
March	1.7825	1.7050	1.7363
April	1.7150	1.6650	1.6858
May	1.7000	1.6775	1.6851
June	1.7011	1.6850	1.6939
July	1.7000	1.6854	1.6878
August	1.7000	1.6854	1.6935
September	1.7000	1.6852	1.6966
October	1.7000	1.6852	1.6949
November	1.7000	1.6985	1.6988
December	1.7000	1.6895	1.6972