2024 AZN to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 70.6859. Conversely, the yearly low was recorded on March 23, dropping to 64.0734.
This high-to-low spread represents a total annual volatility of 6.6124 BDT. From a start-to-finish perspective, comparing the January average rate of 64.5347 to the December average rate of 70.2741, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 70.6859 was up 8.41% compared to the 2023 peak of 65.1997, 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 BDT 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 65.8125, compared to 69.9761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1636 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 4.7715 BDT (High: 69.1506 / Low: 64.3791). On the other end, July was the most stable month, with a tight range of 0.2599 BDT (High: 69.1795 / Low: 68.9197).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 0.0691 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 70.3058) against the same month in 2023 (average: 64.8814), the exchange rate shifted by +5.4245 (+8.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.7376 | 64.3463 | 64.5347 |
| February | 65.1513 | 64.4235 | 64.5703 |
| March | 64.7314 | 64.0734 | 64.5013 |
| April | 64.7188 | 64.2008 | 64.5237 |
| May | 69.1506 | 64.3791 | 67.6373 |
| June | 69.5442 | 68.9634 | 69.1078 |
| July | 69.1795 | 68.9197 | 69.1025 |
| August | 70.4892 | 68.4942 | 69.5277 |
| September | 70.4141 | 70.1169 | 70.3057 |
| October | 70.5829 | 70.2398 | 70.3407 |
| November | 70.6859 | 69.9739 | 70.3058 |
| December | 70.3989 | 70.0120 | 70.2741 |