2020 TOP to AZN Historical Review

YEARLY HIGH

0.7566 AZN

YEARLY LOW

0.7096 AZN

YEARLY AVERAGE

0.7398 AZN

2020 TOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.7566. Conversely, the yearly low was recorded on March 23, dropping to 0.7096.

This high-to-low spread represents a total annual volatility of 0.0470 AZN. From a start-to-finish perspective, comparing the January average rate of 0.7413 to the December average rate of 0.7454, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7566 was down 1.92% compared to the 2019 peak of 0.7715, 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 3,783 AZN

2019 Average 3,717 AZN

Yearly Trough Low 3,548 AZN

Transaction Impact: A difference of 235.01 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7522

0.7225

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 0.7363, compared to 0.7433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.7363

H2 Avg (Jul–Dec) 0.7433

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0280 AZN (High: 0.7377 / Low: 0.7096). On the other end, February was the most stable month, with a tight range of 0.0034 AZN (High: 0.7370 / Low: 0.7336).

March Spread (Volatile) ±0.0280

February Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and June, 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 0.0100 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 0.7498) against the same month in 2019 (average: 0.7441), the exchange rate shifted by +0.0056 (+0.76%).

2020 Avg (June) 0.7498

2019 Avg (June) 0.7441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7459	0.7349	0.7413
February	0.7370	0.7336	0.7350
March	0.7377	0.7096	0.7250
April	0.7380	0.7212	0.7289
May	0.7437	0.7319	0.7376
June	0.7566	0.7418	0.7498
July	0.7504	0.7437	0.7467
August	0.7512	0.7436	0.7465
September	0.7524	0.7353	0.7453
October	0.7392	0.7319	0.7358
November	0.7444	0.7317	0.7399
December	0.7487	0.7429	0.7454