2024 AZN to GNF Historical Review

YEARLY HIGH

5102.9501 GNF

YEARLY LOW

5017.4696 GNF

YEARLY AVERAGE

5065.4673 GNF

2024 AZN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 5102.9501. Conversely, the yearly low was recorded on March 23, dropping to 5017.4696.

This high-to-low spread represents a total annual volatility of 85.4805 GNF. From a start-to-finish perspective, comparing the January average rate of 5054.8777 to the December average rate of 5076.8581, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5102.9501 was down 1.42% compared to the 2023 peak of 5176.4706, 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 25,514,750 GNF

2023 Average 25,347,392 GNF

Yearly Trough Low 25,087,348 GNF

Transaction Impact: A difference of 427,402.27 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5085.7001

5049.4199

JanuMarcMayJulySeptNove

AZN to GNF 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 5056.2008, compared to 5074.7339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5331 points.

H1 Avg (Jan–Jun) 5056.2008

H2 Avg (Jul–Dec) 5074.7339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 51.9497 GNF (High: 5069.4193 / Low: 5017.4696). On the other end, September was the most stable month, with a tight range of 17.2108 GNF (High: 5091.4501 / Low: 5074.2393).

March Spread (Volatile) ±51.9497

September Spread (Stable) ±17.2108

Growth Streaks & Declines

Trends

Between April and September, 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 February and March, when the average rate fell by 6.9970 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.9970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 5081.0087) against the same month in 2023 (average: 5059.1457), the exchange rate shifted by +21.8630 (+0.43%).

2024 Avg (October) 5081.0087

2023 Avg (October) 5059.1457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5072.7155	5040.0176	5054.8777
February	5092.9221	5052.4595	5060.2772
March	5069.4193	5017.4696	5053.2802
April	5069.6921	5028.3771	5052.4433
May	5066.2545	5035.0747	5054.9166
June	5090.3637	5052.1103	5061.4096
July	5086.0601	5047.7608	5064.0381
August	5084.0873	5033.8426	5069.1841
September	5091.4501	5074.2393	5082.6767
October	5102.9501	5070.1865	5081.0087
November	5099.3416	5058.4792	5074.6377
December	5090.5902	5061.7176	5076.8581