2024 AZN to MXN Historical Review

YEARLY HIGH

12.2759 MXN

YEARLY LOW

9.6045 MXN

YEARLY AVERAGE

10.7751 MXN

2024 AZN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.2759. Conversely, the yearly low was recorded on April 8, dropping to 9.6045.

This high-to-low spread represents a total annual volatility of 2.6714 MXN. From a start-to-finish perspective, comparing the January average rate of 10.0318 to the December average rate of 11.9137, the exchange rate registered a net change of 18.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.2759 was up 7.04% compared to the 2023 peak of 11.4690, 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 61,379 MXN

2023 Average 52,152 MXN

Yearly Trough Low 48,023 MXN

Transaction Impact: A difference of 13,356.93 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.1639

9.6514

JanuMarcMayJulySeptNove

AZN to MXN 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 10.0689, compared to 11.4814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4125 points.

H1 Avg (Jan–Jun) 10.0689

H2 Avg (Jul–Dec) 11.4814

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.0500 MXN (High: 11.0353 / Low: 9.9854). On the other end, February was the most stable month, with a tight range of 0.0952 MXN (High: 10.1205 / Low: 10.0254).

June Spread (Volatile) ±1.0500

February Spread (Stable) ±0.0952

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1924 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.9137) against the same month in 2023 (average: 10.0979), the exchange rate shifted by +1.8158 (+17.98%).

2024 Avg (December) 11.9137

2023 Avg (December) 10.0979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1821	9.8981	10.0318
February	10.1205	10.0254	10.0531
March	10.0094	9.7111	9.8608
April	10.1204	9.6045	9.8872
May	10.0145	9.7385	9.8815
June	11.0353	9.9854	10.6988
July	11.0418	10.3652	10.6498
August	11.6755	10.9581	11.2672
September	11.8204	11.2493	11.5283
October	11.8624	11.3398	11.5748
November	12.1575	11.6506	11.9545
December	12.2759	11.8042	11.9137