2017 TOP to AZN Historical Review

YEARLY HIGH

0.8532 AZN

YEARLY LOW

0.7147 AZN

YEARLY AVERAGE

0.7597 AZN

2017 TOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.8532. Conversely, the yearly low was recorded on May 6, dropping to 0.7147.

This high-to-low spread represents a total annual volatility of 0.1385 AZN. From a start-to-finish perspective, comparing the January average rate of 0.8057 to the December average rate of 0.7418, the exchange rate registered a net change of -7.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8532 was up 8.17% compared to the 2016 peak of 0.7888, 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 4,266 AZN

2016 Average 3,562 AZN

Yearly Trough Low 3,573 AZN

Transaction Impact: A difference of 692.60 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8162

0.7195

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 0.7633, compared to 0.7562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.7633

H2 Avg (Jul–Dec) 0.7562

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0745 AZN (High: 0.8510 / Low: 0.7766). On the other end, November was the most stable month, with a tight range of 0.0143 AZN (High: 0.7534 / Low: 0.7391).

January Spread (Volatile) ±0.0745

November Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0486 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.8082) against the same month in 2016 (average: 0.6947), the exchange rate shifted by +0.1135 (+16.34%).

2017 Avg (February) 0.8082

2016 Avg (February) 0.6947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8510	0.7766	0.8057
February	0.8532	0.7829	0.8082
March	0.7927	0.7395	0.7595
April	0.7495	0.7261	0.7341
May	0.7399	0.7147	0.7276
June	0.7547	0.7343	0.7446
July	0.7698	0.7417	0.7548
August	0.7763	0.7547	0.7685
September	0.7758	0.7543	0.7668
October	0.7645	0.7490	0.7573
November	0.7534	0.7391	0.7482
December	0.7509	0.7338	0.7418