YEARLY HIGH
53020.7570 LBP
YEARLY LOW
8794.6041 LBP
YEARLY AVERAGE
46374.9128 LBP

2024 AZN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 53020.7570. Conversely, the yearly low was recorded on January 5, dropping to 8794.6041.

This high-to-low spread represents a total annual volatility of 44226.1529 LBP. From a start-to-finish perspective, comparing the January average rate of 8839.5765 to the December average rate of 52660.0749, the exchange rate registered a net change of 495.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 53020.7570 was up 485.16% compared to the 2023 peak of 9060.8368, 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 265,103,785 LBP
2023 Average 40,378,209 LBP
Yearly Trough Low 43,973,021 LBP
Transaction Impact: A difference of 221,130,764.33 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57106.7727
4451.6496
JanuMarcMayJulySeptNove

AZN to LBP 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 40069.9929, compared to 52679.8327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12609.8398 points.

H1 Avg (Jan–Jun) 40069.9929
H2 Avg (Jul–Dec) 52679.8327

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 43921.7531 LBP (High: 52735.2941 / Low: 8813.5410). On the other end, January was the most stable month, with a tight range of 71.2427 LBP (High: 8865.8468 / Low: 8794.6041).

February Spread (Volatile) ±43921.7531
January Spread (Stable) ±71.2427

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 46.1229 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -46.1229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 52684.9188) against the same month in 2023 (average: 8894.6011), the exchange rate shifted by +43790.3177 (+492.32%).

2024 Avg (June) 52684.9188
2023 Avg (June) 8894.6011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8865.8468 8794.6041 8839.5765
February 52735.2941 8813.5410 20932.2344
March 52821.3161 52284.1755 52655.9948
April 52816.9468 52381.3490 52648.9319
May 52824.3182 52402.1539 52658.3008
June 53020.7570 52551.1912 52684.9188
July 52777.9972 52456.9139 52664.1167
August 52863.7463 52303.2804 52640.4614
September 52780.0736 52592.7103 52689.2995
October 52884.0056 52664.0354 52718.8458
November 52970.8885 52584.4944 52706.1978
December 52750.7679 52457.9120 52660.0749