2024 AZN to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 93.8510. Conversely, the yearly low was recorded on March 23, dropping to 89.8248.
This high-to-low spread represents a total annual volatility of 4.0262 JMD. From a start-to-finish perspective, comparing the January average rate of 91.1984 to the December average rate of 92.0109, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 93.8510 was up 1.88% compared to the 2023 peak of 92.1202, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AZN to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 91.4645, compared to 92.4903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0257 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 2.1112 JMD (High: 92.0542 / Low: 89.9430). On the other end, July was the most stable month, with a tight range of 0.7600 JMD (High: 92.2879 / Low: 91.5279).
Growth Streaks & Declines
TrendsBetween June and November, 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 November and December, when the average rate fell by 1.2197 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 93.2306) against the same month in 2023 (average: 91.3551), the exchange rate shifted by +1.8755 (+2.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 91.7072 | 90.2429 | 91.1984 |
| February | 92.6081 | 91.3412 | 91.9898 |
| March | 91.7181 | 89.8248 | 90.8965 |
| April | 92.0542 | 89.9430 | 91.2040 |
| May | 92.3157 | 91.3167 | 91.9288 |
| June | 92.0458 | 91.0877 | 91.5697 |
| July | 92.2879 | 91.5279 | 91.9793 |
| August | 92.7345 | 91.2017 | 92.1671 |
| September | 92.8581 | 91.4259 | 92.3894 |
| October | 93.4721 | 92.5213 | 93.1642 |
| November | 93.8510 | 92.5057 | 93.2306 |
| December | 92.6603 | 91.5031 | 92.0109 |