2024 AZN to HKD Historical Review

YEARLY HIGH

4.6104 HKD

YEARLY LOW

4.5660 HKD

YEARLY AVERAGE

4.5897 HKD

2024 AZN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 4.6104. Conversely, the yearly low was recorded on December 27, dropping to 4.5660.

This high-to-low spread represents a total annual volatility of 0.0443 HKD. From a start-to-finish perspective, comparing the January average rate of 4.5970 to the December average rate of 4.5727, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.6104 was down 0.16% compared to the 2023 peak of 4.6177, 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 23,052 HKD

2023 Average 23,025 HKD

Yearly Trough Low 22,830 HKD

Transaction Impact: A difference of 221.64 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.6090

4.5668

JanuMarcMayJulySeptNove

AZN to HKD 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 4.5989, compared to 4.5805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 4.5989

H2 Avg (Jul–Dec) 4.5805

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0233 HKD (High: 4.6037 / Low: 4.5805). On the other end, July was the most stable month, with a tight range of 0.0048 HKD (High: 4.5970 / Low: 4.5921).

January Spread (Volatile) ±0.0233

July Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0127 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 4.6055) against the same month in 2023 (average: 4.6173), the exchange rate shifted by -0.0119 (-0.26%).

2024 Avg (April) 4.6055

2023 Avg (April) 4.6173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.6037	4.5805	4.5970
February	4.6050	4.5987	4.6010
March	4.6052	4.5884	4.6007
April	4.6104	4.5956	4.6055
May	4.6019	4.5874	4.5948
June	4.5999	4.5910	4.5943
July	4.5970	4.5921	4.5940
August	4.5966	4.5812	4.5865
September	4.5894	4.5720	4.5830
October	4.5734	4.5664	4.5704
November	4.5804	4.5712	4.5765
December	4.5790	4.5660	4.5727