2016 AZN to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 46.3458. Conversely, the yearly low was recorded on December 31, dropping to 36.5047.
This high-to-low spread represents a total annual volatility of 9.8411 AFN. From a start-to-finish perspective, comparing the January average rate of 43.3051 to the December average rate of 37.4995, the exchange rate registered a net change of -13.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 46.3458 was down 37.74% compared to the 2015 peak of 74.4337, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 44.2713, compared to 40.4888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 3.2884 AFN (High: 44.3891 / Low: 41.1008). On the other end, September was the most stable month, with a tight range of 0.7321 AFN (High: 40.9415 / Low: 40.2095).
Growth Streaks & Declines
TrendsBetween March and May, 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 July and August, when the average rate fell by 2.4205 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 45.7426) against the same month in 2015 (average: 56.0286), the exchange rate shifted by -10.2861 (-18.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.9001 | 42.2443 | 43.3051 |
| February | 44.2542 | 42.5918 | 43.5569 |
| March | 44.3891 | 41.1008 | 42.4293 |
| April | 45.5770 | 44.7399 | 45.1292 |
| May | 46.3458 | 45.3641 | 45.7426 |
| June | 46.3381 | 44.0980 | 45.4648 |
| July | 44.3117 | 43.0340 | 43.8489 |
| August | 42.9782 | 40.2813 | 41.4284 |
| September | 40.9415 | 40.2095 | 40.5579 |
| October | 41.1696 | 39.8709 | 40.7107 |
| November | 39.9594 | 38.2107 | 38.8875 |
| December | 38.1596 | 36.5047 | 37.4995 |