YEARLY HIGH
117.6813 LRD
YEARLY LOW
105.2941 LRD
YEARLY AVERAGE
112.5810 LRD

2024 AZN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 117.6813. Conversely, the yearly low was recorded on December 5, dropping to 105.2941.

This high-to-low spread represents a total annual volatility of 12.3872 LRD. From a start-to-finish perspective, comparing the January average rate of 111.2345 to the December average rate of 106.2249, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 117.6813 was up 6.15% compared to the 2023 peak of 110.8677, 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 588,407 LRD
2023 Average 513,871 LRD
Yearly Trough Low 526,470 LRD
Transaction Impact: A difference of 61,936.24 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

115.9268
105.3430
JanuMarcMayJulySeptNove

AZN to LRD 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 112.9696, compared to 112.1925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7772 points.

H1 Avg (Jan–Jun) 112.9696
H2 Avg (Jul–Dec) 112.1925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 7.6178 LRD (High: 112.9602 / Low: 105.3424). On the other end, May was the most stable month, with a tight range of 0.3529 LRD (High: 114.1176 / Low: 113.7647).

November Spread (Volatile) ±7.6178
May Spread (Stable) ±0.3529

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.5073 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -4.5073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 115.0448) against the same month in 2023 (average: 109.6159), the exchange rate shifted by +5.4289 (+4.95%).

2024 Avg (September) 115.0448
2023 Avg (September) 109.6159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.7647 110.5902 111.2345
February 112.7058 111.7647 112.0426
March 113.3824 112.7059 113.1651
April 113.9117 110.5882 113.3549
May 114.1176 113.7647 113.8574
June 114.4075 113.8456 114.1632
July 115.0000 114.0588 114.6552
August 116.8769 114.3415 115.0340
September 117.6813 113.9499 115.0448
October 113.9942 112.9281 113.3515
November 112.9602 105.3424 108.8443
December 108.2434 105.2941 106.2249