YEARLY HIGH
1.1966 BZD
YEARLY LOW
1.1750 BZD
YEARLY AVERAGE
1.1853 BZD

2024 AZN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.1966. Conversely, the yearly low was recorded on August 4, dropping to 1.1750.

This high-to-low spread represents a total annual volatility of 0.0215 BZD. From a start-to-finish perspective, comparing the January average rate of 1.1853 to the December average rate of 1.1836, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1966 was down 0.01% compared to the 2023 peak of 1.1967, 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 5,983 BZD
2023 Average 5,925 BZD
Yearly Trough Low 5,875 BZD
Transaction Impact: A difference of 107.71 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1868
1.1833
JanuMarcMayJulySeptNove

AZN to BZD 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 1.1853, compared to 1.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 1.1853
H2 Avg (Jul–Dec) 1.1853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0140 BZD (High: 1.1890 / Low: 1.1750). On the other end, July was the most stable month, with a tight range of 0.0045 BZD (High: 1.1868 / Low: 1.1823).

August Spread (Volatile) ±0.0140
July Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.1859) against the same month in 2023 (average: 1.1858), the exchange rate shifted by +0.0001 (+0.01%).

2024 Avg (February) 1.1859
2023 Avg (February) 1.1858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1890 1.1818 1.1853
February 1.1966 1.1833 1.1859
March 1.1888 1.1768 1.1846
April 1.1886 1.1791 1.1850
May 1.1869 1.1795 1.1852
June 1.1935 1.1829 1.1857
July 1.1868 1.1823 1.1853
August 1.1890 1.1750 1.1847
September 1.1877 1.1828 1.1859
October 1.1906 1.1847 1.1865
November 1.1923 1.1804 1.1860
December 1.1875 1.1777 1.1836