2024 AZN to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |