YEARLY HIGH
869.6084 KRW
YEARLY LOW
753.3176 KRW
YEARLY AVERAGE
802.1763 KRW

2024 AZN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 869.6084. Conversely, the yearly low was recorded on January 1, dropping to 753.3176.

This high-to-low spread represents a total annual volatility of 116.2908 KRW. From a start-to-finish perspective, comparing the January average rate of 779.0832 to the December average rate of 847.5085, the exchange rate registered a net change of 8.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 869.6084 was up 8.70% compared to the 2023 peak of 800.0382, 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 4,348,042 KRW
2023 Average 3,841,691 KRW
Yearly Trough Low 3,766,588 KRW
Transaction Impact: A difference of 581,453.95 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

854.3510
772.2407
JanuMarcMayJulySeptNove

AZN to KRW 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 794.5156, compared to 809.8370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3214 points.

H1 Avg (Jan–Jun) 794.5156
H2 Avg (Jul–Dec) 809.8370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 48.6772 KRW (High: 869.6084 / Low: 820.9312). On the other end, February was the most stable month, with a tight range of 9.9436 KRW (High: 788.9793 / Low: 779.0357).

December Spread (Volatile) ±48.6772
February Spread (Stable) ±9.9436

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 18.9582 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.9582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 847.5085) against the same month in 2023 (average: 765.5451), the exchange rate shifted by +81.9633 (+10.71%).

2024 Avg (December) 847.5085
2023 Avg (December) 765.5451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 791.3038 753.3176 779.0832
February 788.9793 779.0357 783.8250
March 794.4250 771.4235 783.5778
April 818.6940 791.4294 805.6798
May 813.5824 792.5548 802.2712
June 820.0647 803.2341 812.6565
July 817.5343 805.2618 813.1531
August 809.6345 779.3390 794.1948
September 790.7882 770.7618 782.4095
October 817.2004 779.4794 801.1643
November 828.4206 808.2382 820.5916
December 869.6084 820.9312 847.5085