2024 AZN to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 80.6170. Conversely, the yearly low was recorded on March 7, dropping to 77.5243.
This high-to-low spread represents a total annual volatility of 3.0927 NPR. From a start-to-finish perspective, comparing the January average rate of 78.1950 to the December average rate of 79.9338, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 80.6170 was up 2.44% compared to the 2023 peak of 78.6976, 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 NPR 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 78.3050, compared to 79.1457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8407 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.3833 NPR (High: 79.0831 / Low: 77.6999). On the other end, July was the most stable month, with a tight range of 0.4453 NPR (High: 78.8325 / Low: 78.3872).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0699 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 79.9338) against the same month in 2023 (average: 78.4198), the exchange rate shifted by +1.5140 (+1.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.0831 | 77.6999 | 78.1950 |
| February | 78.7319 | 77.8756 | 78.1251 |
| March | 78.4648 | 77.5243 | 78.0748 |
| April | 78.6582 | 78.0475 | 78.4269 |
| May | 78.9799 | 78.0122 | 78.4549 |
| June | 79.0392 | 78.1963 | 78.5531 |
| July | 78.8325 | 78.3872 | 78.6527 |
| August | 79.1250 | 78.0974 | 78.8898 |
| September | 79.1627 | 78.5403 | 78.8873 |
| October | 79.3005 | 78.8226 | 79.1312 |
| November | 79.8510 | 79.0572 | 79.3794 |
| December | 80.6170 | 79.4591 | 79.9338 |