2024 AZN to ETB Historical Review

YEARLY HIGH

75.2494 ETB

YEARLY LOW

32.8773 ETB

YEARLY AVERAGE

48.4183 ETB

2024 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 75.2494. Conversely, the yearly low was recorded on January 7, dropping to 32.8773.

This high-to-low spread represents a total annual volatility of 42.3722 ETB. From a start-to-finish perspective, comparing the January average rate of 33.1842 to the December average rate of 74.4956, the exchange rate registered a net change of 124.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 75.2494 was up 126.72% compared to the 2023 peak of 33.1908, 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 376,247 ETB

2023 Average 161,007 ETB

Yearly Trough Low 164,386 ETB

Transaction Impact: A difference of 211,860.83 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

78.6267

29.0531

JanuMarcMayJulySeptNove

AZN to ETB 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 33.4782, compared to 63.3584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.8802 points.

H1 Avg (Jan–Jun) 33.4782

H2 Avg (Jul–Dec) 63.3584

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 19.9596 ETB (High: 66.3204 / Low: 46.3608). On the other end, May was the most stable month, with a tight range of 0.3549 ETB (High: 33.8647 / Low: 33.5098).

August Spread (Volatile) ±19.9596

May Spread (Stable) ±0.3549

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 74.4956) against the same month in 2023 (average: 33.0346), the exchange rate shifted by +41.4610 (+125.51%).

2024 Avg (December) 74.4956

2023 Avg (December) 33.0346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.3175	32.8773	33.1842
February	33.6048	33.0989	33.3085
March	33.4933	33.0320	33.3616
April	33.8422	33.2757	33.4658
May	33.8647	33.5098	33.7232
June	33.9935	33.5633	33.8261
July	44.3676	33.6983	34.2657
August	66.3204	46.3608	60.5371
September	70.5033	64.9702	67.9243
October	71.7543	69.6263	70.8067
November	74.3866	70.5580	72.1209
December	75.2494	73.0339	74.4956