2024 AFN to AZN Historical Review

YEARLY HIGH

0.0261 AZN

YEARLY LOW

0.0226 AZN

YEARLY AVERAGE

0.0241 AZN

2024 AFN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0261. Conversely, the yearly low was recorded on February 3, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0035 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0238 to the December average rate of 0.0245, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0261 was up 5.58% compared to the 2023 peak of 0.0247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131 AZN

2023 Average 104 AZN

Yearly Trough Low 113 AZN

Transaction Impact: A difference of 17.64 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0256

0.0230

JanuMarcMayJulySeptNove

AFN 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 0.0237, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0237

H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0015 AZN (High: 0.0244 / Low: 0.0229). On the other end, July was the most stable month, with a tight range of 0.0004 AZN (High: 0.0242 / Low: 0.0239).

January Spread (Volatile) ±0.0015

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0253) against the same month in 2023 (average: 0.0225), the exchange rate shifted by +0.0028 (+12.60%).

2024 Avg (October) 0.0253

2023 Avg (October) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0244	0.0229	0.0238
February	0.0235	0.0226	0.0232
March	0.0240	0.0233	0.0236
April	0.0240	0.0235	0.0237
May	0.0241	0.0235	0.0237
June	0.0244	0.0237	0.0241
July	0.0242	0.0239	0.0240
August	0.0243	0.0239	0.0240
September	0.0250	0.0239	0.0245
October	0.0261	0.0247	0.0253
November	0.0254	0.0249	0.0251
December	0.0252	0.0241	0.0245