YEARLY HIGH
57.0462 ALL
YEARLY LOW
51.9359 ALL
YEARLY AVERAGE
54.7416 ALL

2024 AZN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 57.0462. Conversely, the yearly low was recorded on September 30, dropping to 51.9359.

This high-to-low spread represents a total annual volatility of 5.1102 ALL. From a start-to-finish perspective, comparing the January average rate of 55.9930 to the December average rate of 55.1999, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 57.0462 was down 13.01% compared to the 2023 peak of 65.5748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285,231 ALL
2023 Average 295,794 ALL
Yearly Trough Low 259,680 ALL
Transaction Impact: A difference of 25,551.13 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.9935
52.2318
JanuMarcMayJulySeptNove

AZN to ALL 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 55.6278, compared to 53.8555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7724 points.

H1 Avg (Jan–Jun) 55.6278
H2 Avg (Jul–Dec) 53.8555

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.5205 ALL (High: 55.4169 / Low: 52.8964). On the other end, February was the most stable month, with a tight range of 0.8016 ALL (High: 57.0462 / Low: 56.2445).

November Spread (Volatile) ±2.5205
February Spread (Stable) ±0.8016

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0130 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 56.5967) against the same month in 2023 (average: 63.5614), the exchange rate shifted by -6.9647 (-10.96%).

2024 Avg (February) 56.5967
2023 Avg (February) 63.5614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.4587 55.1729 55.9930
February 57.0462 56.2445 56.5967
March 56.4118 55.3275 55.9469
April 56.3055 55.1738 55.6508
May 55.2293 54.2048 54.7090
June 55.2508 54.1290 54.8706
July 55.0324 53.9244 54.3935
August 54.5609 52.6281 53.3805
September 53.1746 51.9359 52.6286
October 53.7837 52.3097 53.2598
November 55.4169 52.8964 54.2706
December 55.7894 54.6867 55.1999