YEARLY HIGH
606.4619 ARS
YEARLY LOW
475.8390 ARS
YEARLY AVERAGE
538.2306 ARS

2024 AZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 606.4619. Conversely, the yearly low was recorded on January 5, dropping to 475.8390.

This high-to-low spread represents a total annual volatility of 130.6229 ARS. From a start-to-finish perspective, comparing the January average rate of 480.8957 to the December average rate of 599.9204, the exchange rate registered a net change of 24.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 606.4619 was up 27.15% compared to the 2023 peak of 476.9525, 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 3,032,309 ARS
2023 Average 870,876 ARS
Yearly Trough Low 2,379,195 ARS
Transaction Impact: A difference of 653,114.60 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

611.8229
468.9933
JanuMarcMayJulySeptNove

AZN to ARS 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 505.7406, compared to 570.7207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.9801 points.

H1 Avg (Jan–Jun) 505.7406
H2 Avg (Jul–Dec) 570.7207

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 16.0820 ARS (High: 559.7856 / Low: 543.7036). On the other end, February was the most stable month, with a tight range of 9.2608 ARS (High: 495.4869 / Low: 486.2261).

August Spread (Volatile) ±16.0820
February Spread (Stable) ±9.2608

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 599.9204) against the same month in 2023 (average: 371.7254), the exchange rate shifted by +228.1950 (+61.39%).

2024 Avg (December) 599.9204
2023 Avg (December) 371.7254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 486.0927 475.8390 480.8957
February 495.4869 486.2261 490.6609
March 504.5518 495.2642 500.1591
April 515.9408 504.4171 510.3592
May 525.9614 513.4196 520.8663
June 535.8899 526.0164 531.5026
July 548.3806 537.3104 542.3450
August 559.7856 543.7036 553.3079
September 569.7967 560.4537 564.8785
October 582.5241 570.4483 576.0503
November 594.3065 580.3355 587.8219
December 606.4619 594.8659 599.9204