2024 AZN to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 241.0243. Conversely, the yearly low was recorded on August 3, dropping to 226.1056.
This high-to-low spread represents a total annual volatility of 14.9188 AMD. From a start-to-finish perspective, comparing the January average rate of 238.0159 to the December average rate of 233.3481, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 241.0243 was down 4.25% compared to the 2023 peak of 251.7272, 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 2024.
AZN to AMD 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 233.1257, compared to 228.9875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1382 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 6.6745 AMD (High: 237.6646 / Low: 230.9901). On the other end, July was the most stable month, with a tight range of 0.7898 AMD (High: 228.6040 / Low: 227.8142).
Growth Streaks & Declines
TrendsBetween October and December, 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 March and April, when the average rate fell by 5.4280 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 238.7851) against the same month in 2023 (average: 231.8027), the exchange rate shifted by +6.9824 (+3.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 238.8241 | 236.2422 | 238.0159 |
| February | 241.0243 | 238.0904 | 238.7851 |
| March | 237.6646 | 230.9901 | 235.5315 |
| April | 233.2915 | 227.8962 | 230.1035 |
| May | 228.5219 | 227.0769 | 228.0465 |
| June | 229.5302 | 227.7023 | 228.2717 |
| July | 228.6040 | 227.8142 | 228.2296 |
| August | 229.0219 | 226.1056 | 227.9412 |
| September | 228.4506 | 227.2754 | 227.8105 |
| October | 228.5988 | 227.3757 | 227.7895 |
| November | 233.0654 | 227.3401 | 228.8062 |
| December | 237.0371 | 230.7594 | 233.3481 |