2024 AZN to NAD Historical Review

YEARLY HIGH

11.3661 NAD

YEARLY LOW

10.1038 NAD

YEARLY AVERAGE

10.7805 NAD

2024 AZN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 11.3661. Conversely, the yearly low was recorded on September 29, dropping to 10.1038.

This high-to-low spread represents a total annual volatility of 1.2623 NAD. From a start-to-finish perspective, comparing the January average rate of 11.0483 to the December average rate of 10.7215, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.3661 was down 4.34% compared to the 2023 peak of 11.8824, 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 56,831 NAD

2023 Average 54,417 NAD

Yearly Trough Low 50,519 NAD

Transaction Impact: A difference of 6,311.66 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.2436

10.2562

JanuMarcMayJulySeptNove

AZN to NAD 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 11.0100, compared to 10.5510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4590 points.

H1 Avg (Jan–Jun) 11.0100

H2 Avg (Jul–Dec) 10.5510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.7076 NAD (High: 11.0955 / Low: 10.3879). On the other end, October was the most stable month, with a tight range of 0.2570 NAD (High: 10.4284 / Low: 10.1714).

December Spread (Volatile) ±0.7076

October Spread (Stable) ±0.2570

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.2941 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 11.1613) against the same month in 2023 (average: 10.5181), the exchange rate shifted by +0.6432 (+6.12%).

2024 Avg (February) 11.1613

2023 Avg (February) 10.5181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2785	10.8942	11.0483
February	11.3661	10.9412	11.1613
March	11.2396	10.9294	11.0872
April	11.2941	10.8838	11.1086
May	10.9624	10.6412	10.8145
June	11.1985	10.5201	10.8403
July	10.8607	10.5583	10.7271
August	10.9245	10.3763	10.6082
September	10.5729	10.1038	10.3635
October	10.4284	10.1714	10.3384
November	10.7353	10.2526	10.5473
December	11.0955	10.3879	10.7215