2024 AZN to EUR Historical Review

YEARLY HIGH

0.5683 EUR

YEARLY LOW

0.5251 EUR

YEARLY AVERAGE

0.5437 EUR

2024 AZN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5683. Conversely, the yearly low was recorded on August 23, dropping to 0.5251.

This high-to-low spread represents a total annual volatility of 0.0433 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5391 to the December average rate of 0.5617, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5683 was up 1.15% compared to the 2023 peak of 0.5619, 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 2,842 EUR

2023 Average 2,718 EUR

Yearly Trough Low 2,625 EUR

Transaction Impact: A difference of 216.28 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5650

0.5262

JanuMarcMayJulySeptNove

AZN to EUR 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 0.5440, compared to 0.5434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5440

H2 Avg (Jul–Dec) 0.5434

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0266 EUR (High: 0.5646 / Low: 0.5380). On the other end, March was the most stable month, with a tight range of 0.0081 EUR (High: 0.5451 / Low: 0.5371).

November Spread (Volatile) ±0.0266

March Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5617) against the same month in 2023 (average: 0.5386), the exchange rate shifted by +0.0232 (+4.30%).

2024 Avg (December) 0.5617

2023 Avg (December) 0.5386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5444	0.5330	0.5391
February	0.5493	0.5409	0.5449
March	0.5451	0.5371	0.5409
April	0.5538	0.5415	0.5485
May	0.5488	0.5402	0.5440
June	0.5508	0.5393	0.5466
July	0.5479	0.5377	0.5419
August	0.5453	0.5251	0.5336
September	0.5343	0.5256	0.5295
October	0.5456	0.5316	0.5398
November	0.5646	0.5380	0.5535
December	0.5683	0.5556	0.5617