2024 AZN to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 105.6984. Conversely, the yearly low was recorded on August 3, dropping to 103.8050.
This high-to-low spread represents a total annual volatility of 1.8934 DJF. From a start-to-finish perspective, comparing the January average rate of 104.6325 to the December average rate of 104.6228, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 105.6984 was up 0.00% compared to the 2023 peak of 105.6961, 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 DJF 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 104.5856, compared to 104.5975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 1.3052 DJF (High: 105.4229 / Low: 104.1176). On the other end, July was the most stable month, with a tight range of 0.4154 DJF (High: 104.8272 / Low: 104.4118).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1411 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 104.6709) against the same month in 2023 (average: 104.6969), the exchange rate shifted by -0.0260 (-0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.0000 | 103.9840 | 104.6325 |
| February | 105.6984 | 104.5370 | 104.6709 |
| March | 105.0275 | 103.9608 | 104.5299 |
| April | 105.0100 | 104.1663 | 104.5704 |
| May | 104.9369 | 103.8235 | 104.5186 |
| June | 105.4229 | 104.1176 | 104.5912 |
| July | 104.8272 | 104.4118 | 104.6008 |
| August | 105.1077 | 103.8050 | 104.4720 |
| September | 105.2857 | 104.4748 | 104.6592 |
| October | 105.1780 | 104.1176 | 104.6141 |
| November | 105.3376 | 104.3040 | 104.6163 |
| December | 104.9062 | 104.3302 | 104.6228 |