2022 TOP to AZN Historical Review

YEARLY HIGH

0.7564 AZN

YEARLY LOW

0.6917 AZN

YEARLY AVERAGE

0.7298 AZN

2022 TOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.7564. Conversely, the yearly low was recorded on October 18, dropping to 0.6917.

This high-to-low spread represents a total annual volatility of 0.0646 AZN. From a start-to-finish perspective, comparing the January average rate of 0.7470 to the December average rate of 0.7245, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7564 was down 1.36% compared to the 2021 peak of 0.7668, 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 3,782 AZN

2021 Average 3,754 AZN

Yearly Trough Low 3,459 AZN

Transaction Impact: A difference of 323.19 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7561

0.6928

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 0.7433, compared to 0.7164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 0.7433

H2 Avg (Jul–Dec) 0.7164

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0228 AZN (High: 0.7210 / Low: 0.6982). On the other end, January was the most stable month, with a tight range of 0.0058 AZN (High: 0.7496 / Low: 0.7438).

September Spread (Volatile) ±0.0228

January Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0171 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.7491) against the same month in 2021 (average: 0.7472), the exchange rate shifted by +0.0019 (+0.25%).

2022 Avg (April) 0.7491

2021 Avg (April) 0.7472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7496	0.7438	0.7470
February	0.7542	0.7429	0.7498
March	0.7560	0.7453	0.7508
April	0.7564	0.7351	0.7491
May	0.7394	0.7241	0.7320
June	0.7394	0.7225	0.7308
July	0.7275	0.7185	0.7232
August	0.7338	0.7210	0.7270
September	0.7210	0.6982	0.7132
October	0.7048	0.6917	0.6981
November	0.7217	0.6997	0.7126
December	0.7300	0.7202	0.7245