2018 TMT to AZN Historical Review

YEARLY HIGH

1.7025 AZN

YEARLY LOW

1.6867 AZN

YEARLY AVERAGE

1.6999 AZN

2018 TMT to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TMT to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 1.7025. Conversely, the yearly low was recorded on March 13, dropping to 1.6867.

This high-to-low spread represents a total annual volatility of 0.0158 AZN. From a start-to-finish perspective, comparing the January average rate of 1.6925 to the December average rate of 1.7025, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7025 was down 12.77% compared to the 2017 peak of 1.9517, 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 8,513 AZN

2017 Average 8,601 AZN

Yearly Trough Low 8,434 AZN

Transaction Impact: A difference of 79.00 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7038

1.6879

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 1.6973, compared to 1.7025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 1.6973

H2 Avg (Jul–Dec) 1.7025

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0158 AZN (High: 1.7025 / Low: 1.6867). On the other end, December was the most stable month, with a tight range of 0.0000 AZN (High: 1.7025 / Low: 1.7025).

March Spread (Volatile) ±0.0158

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.6955) against the same month in 2017 (average: 1.7363), the exchange rate shifted by -0.0408 (-2.35%).

2018 Avg (March) 1.6955

2017 Avg (March) 1.7363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7000	1.6890	1.6925
February	1.7000	1.6883	1.6892
March	1.7025	1.6867	1.6955
April	1.7025	1.6939	1.7021
May	1.7025	1.7025	1.7025
June	1.7025	1.6977	1.7022
July	1.7025	1.7025	1.7025
August	1.7025	1.7025	1.7025
September	1.7025	1.7025	1.7025
October	1.7025	1.7025	1.7025
November	1.7025	1.7025	1.7025
December	1.7025	1.7025	1.7025