2024 AZN to BAM Historical Review

YEARLY HIGH

1.1085 BAM

YEARLY LOW

1.0264 BAM

YEARLY AVERAGE

1.0632 BAM

2024 AZN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.1085. Conversely, the yearly low was recorded on August 25, dropping to 1.0264.

This high-to-low spread represents a total annual volatility of 0.0820 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0539 to the December average rate of 1.0978, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1085 was up 0.89% compared to the 2023 peak of 1.0987, 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 5,542 BAM

2023 Average 5,317 BAM

Yearly Trough Low 5,132 BAM

Transaction Impact: A difference of 410.14 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1040

1.0292

JanuMarcMayJulySeptNove

AZN to BAM 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 1.0638, compared to 1.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.0638

H2 Avg (Jul–Dec) 1.0627

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0493 BAM (High: 1.1042 / Low: 1.0548). On the other end, March was the most stable month, with a tight range of 0.0155 BAM (High: 1.0666 / Low: 1.0511).

November Spread (Volatile) ±0.0493

March Spread (Stable) ±0.0155

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 0.0151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0978) against the same month in 2023 (average: 1.0541), the exchange rate shifted by +0.0437 (+4.15%).

2024 Avg (December) 1.0978

2023 Avg (December) 1.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0624	1.0416	1.0539
February	1.0743	1.0573	1.0654
March	1.0666	1.0511	1.0582
April	1.0822	1.0584	1.0717
May	1.0782	1.0559	1.0646
June	1.0770	1.0562	1.0689
July	1.0734	1.0520	1.0603
August	1.0658	1.0264	1.0451
September	1.0443	1.0279	1.0354
October	1.0673	1.0369	1.0557
November	1.1042	1.0548	1.0820
December	1.1085	1.0869	1.0978