2024 AZN to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 50.3858. Conversely, the yearly low was recorded on March 7, dropping to 48.4528.
This high-to-low spread represents a total annual volatility of 1.9330 BTN. From a start-to-finish perspective, comparing the January average rate of 48.8731 to the December average rate of 49.9704, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 50.3858 was up 2.44% compared to the 2023 peak of 49.1866, 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 BTN 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 48.9391, compared to 49.4676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5285 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.8646 BTN (High: 49.4270 / Low: 48.5625). On the other end, July was the most stable month, with a tight range of 0.2783 BTN (High: 49.2702 / Low: 48.9920).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0564 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 49.9704) against the same month in 2023 (average: 49.0130), the exchange rate shifted by +0.9574 (+1.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.4270 | 48.5625 | 48.8731 |
| February | 49.2075 | 48.6716 | 48.8167 |
| March | 49.0406 | 48.4528 | 48.7939 |
| April | 49.1614 | 48.7797 | 49.0170 |
| May | 49.3625 | 48.7578 | 49.0299 |
| June | 49.3994 | 48.8726 | 49.1039 |
| July | 49.2702 | 48.9920 | 49.1576 |
| August | 49.4533 | 48.8109 | 49.3064 |
| September | 49.4766 | 49.0876 | 49.3006 |
| October | 49.5628 | 49.2644 | 49.4569 |
| November | 49.9069 | 49.4125 | 49.6137 |
| December | 50.3858 | 49.6619 | 49.9704 |