2024 AZN to INR Historical Review

YEARLY HIGH

50.4628 INR

YEARLY LOW

48.6606 INR

YEARLY AVERAGE

49.2176 INR

2024 AZN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 50.4628. Conversely, the yearly low was recorded on March 7, dropping to 48.6606.

This high-to-low spread represents a total annual volatility of 1.8022 INR. From a start-to-finish perspective, comparing the January average rate of 48.8772 to the December average rate of 50.0033, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 50.4628 was up 2.82% compared to the 2023 peak of 49.0802, 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 252,314 INR

2023 Average 242,841 INR

Yearly Trough Low 243,303 INR

Transaction Impact: A difference of 9,010.86 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

50.1230

48.6869

JanuMarcMayJulySeptNove

AZN to INR 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 48.9546, compared to 49.4807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5261 points.

H1 Avg (Jan–Jun) 48.9546

H2 Avg (Jul–Dec) 49.4807

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.7173 INR (High: 50.4628 / Low: 49.7455). On the other end, February was the most stable month, with a tight range of 0.1285 INR (High: 48.8651 / Low: 48.7366).

December Spread (Volatile) ±0.7173

February Spread (Stable) ±0.1285

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0707 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 50.0033) against the same month in 2023 (average: 48.9669), the exchange rate shifted by +1.0364 (+2.12%).

2024 Avg (December) 50.0033

2023 Avg (December) 48.9669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.0107	48.7410	48.8772
February	48.8651	48.7366	48.8065
March	49.1783	48.6606	48.8434
April	49.2163	48.9556	49.0579
May	49.1451	48.8544	49.0351
June	49.2215	48.8814	49.1072
July	49.2787	49.0833	49.1787
August	49.4134	49.2562	49.3436
September	49.4078	49.1067	49.2947
October	49.4822	49.3399	49.4385
November	49.7420	49.4624	49.6254
December	50.4628	49.7455	50.0033