2011 VEF to AZN Historical Review

YEARLY HIGH

0.1857 AZN

YEARLY LOW

0.1827 AZN

YEARLY AVERAGE

0.1837 AZN

2011 VEF to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1857. Conversely, the yearly low was recorded on September 4, dropping to 0.1827.

This high-to-low spread represents a total annual volatility of 0.0030 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1855 to the December average rate of 0.1830, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1857 was down 50.38% compared to the 2010 peak of 0.3742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 928 AZN

2010 Average 964 AZN

Yearly Trough Low 913 AZN

Transaction Impact: A difference of 15.07 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1857

0.1827

JanuMarcMayJulySeptNove

VEF 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 0.1844, compared to 0.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1844

H2 Avg (Jul–Dec) 0.1830

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0008 AZN (High: 0.1853 / Low: 0.1846). On the other end, November was the most stable month, with a tight range of 0.0004 AZN (High: 0.1832 / Low: 0.1828).

February Spread (Volatile) ±0.0008

November Spread (Stable) ±0.0004

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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1855) against the same month in 2010 (average: 0.2467), the exchange rate shifted by -0.0613 (-24.83%).

2011 Avg (January) 0.1855

2010 Avg (January) 0.2467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1857	0.1852	0.1855
February	0.1853	0.1846	0.1850
March	0.1848	0.1844	0.1846
April	0.1844	0.1840	0.1842
May	0.1842	0.1835	0.1839
June	0.1837	0.1829	0.1833
July	0.1833	0.1828	0.1830
August	0.1832	0.1827	0.1830
September	0.1831	0.1827	0.1830
October	0.1833	0.1828	0.1830
November	0.1832	0.1828	0.1830
December	0.1831	0.1827	0.1830