2013 TOP to AZN Historical Review

YEARLY HIGH

0.4552 AZN

YEARLY LOW

0.4118 AZN

YEARLY AVERAGE

0.4382 AZN

2013 TOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.4552. Conversely, the yearly low was recorded on September 3, dropping to 0.4118.

This high-to-low spread represents a total annual volatility of 0.0434 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4525 to the December average rate of 0.4222, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4552 was down 2.97% compared to the 2012 peak of 0.4691, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,276 AZN

2012 Average 2,260 AZN

Yearly Trough Low 2,059 AZN

Transaction Impact: A difference of 216.89 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4569

0.4190

JanuMarcMayJulySeptNove

TOP 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 0.4489, compared to 0.4275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.4489

H2 Avg (Jul–Dec) 0.4275

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0282 AZN (High: 0.4507 / Low: 0.4224). On the other end, February was the most stable month, with a tight range of 0.0034 AZN (High: 0.4546 / Low: 0.4512).

June Spread (Volatile) ±0.0282

February Spread (Stable) ±0.0034

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 June and July, when the average rate fell by 0.0140 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.4490) against the same month in 2012 (average: 0.4659), the exchange rate shifted by -0.0169 (-3.63%).

2013 Avg (March) 0.4490

2012 Avg (March) 0.4659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4550	0.4505	0.4525
February	0.4546	0.4512	0.4537
March	0.4552	0.4460	0.4490
April	0.4543	0.4480	0.4505
May	0.4509	0.4436	0.4487
June	0.4507	0.4224	0.4391
July	0.4279	0.4210	0.4251
August	0.4279	0.4215	0.4236
September	0.4356	0.4118	0.4269
October	0.4384	0.4307	0.4348
November	0.4398	0.4219	0.4323
December	0.4252	0.4214	0.4222