2024 AZN to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 165.8529. Conversely, the yearly low was recorded on April 13, dropping to 162.6042.
This high-to-low spread represents a total annual volatility of 3.2488 PKR. From a start-to-finish perspective, comparing the January average rate of 164.6255 to the December average rate of 163.5846, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 165.8529 was down 8.49% compared to the 2023 peak of 181.2344, 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 PKR 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 163.9318, compared to 163.6136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3182 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 2.9989 PKR (High: 165.8529 / Low: 162.8541). On the other end, October was the most stable month, with a tight range of 0.6564 PKR (High: 163.9060 / Low: 163.2496).
Growth Streaks & Declines
TrendsBetween April and June, 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 January and February, when the average rate fell by 0.5046 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 164.6255) against the same month in 2023 (average: 137.4927), the exchange rate shifted by +27.1329 (+19.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 165.8529 | 162.8541 | 164.6255 |
| February | 164.5441 | 162.6432 | 164.1210 |
| March | 164.4118 | 162.7688 | 163.8478 |
| April | 164.1683 | 162.6042 | 163.5303 |
| May | 164.0097 | 162.9938 | 163.6710 |
| June | 164.4914 | 163.4613 | 163.7953 |
| July | 164.0294 | 163.2924 | 163.7101 |
| August | 164.1491 | 162.7018 | 163.7670 |
| September | 164.0449 | 163.1852 | 163.6856 |
| October | 163.9060 | 163.2496 | 163.4509 |
| November | 164.1208 | 163.1298 | 163.4835 |
| December | 164.0967 | 163.0782 | 163.5846 |