YEARLY HIGH
0.0021 AZN
YEARLY LOW
0.0018 AZN
YEARLY AVERAGE
0.0020 AZN

2024 AOA to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0021. Conversely, the yearly low was recorded on October 2, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0003 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0019, the exchange rate registered a net change of -9.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0021 was down 39.25% compared to the 2023 peak of 0.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 AZN
2023 Average 13 AZN
Yearly Trough Low 9 AZN
Transaction Impact: A difference of 1.36 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0021
0.0018
JanuMarcMayJulySeptNove

AOA 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 0.0020, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0001 AZN (High: 0.0019 / Low: 0.0018). On the other end, November was the most stable month, with a tight range of 0.0000 AZN (High: 0.0019 / Low: 0.0019).

October Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0020) against the same month in 2023 (average: 0.0034), the exchange rate shifted by -0.0013 (-39.23%).

2024 Avg (February) 0.0020
2023 Avg (February) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0020
February 0.0021 0.0020 0.0020
March 0.0021 0.0020 0.0020
April 0.0020 0.0020 0.0020
May 0.0020 0.0020 0.0020
June 0.0020 0.0020 0.0020
July 0.0020 0.0019 0.0020
August 0.0019 0.0019 0.0019
September 0.0019 0.0018 0.0018
October 0.0019 0.0018 0.0019
November 0.0019 0.0019 0.0019
December 0.0019 0.0019 0.0019