2024 AZN to SGD Historical Review

YEARLY HIGH

0.8040 SGD

YEARLY LOW

0.7529 SGD

YEARLY AVERAGE

0.7861 SGD

2024 AZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8040. Conversely, the yearly low was recorded on September 28, dropping to 0.7529.

This high-to-low spread represents a total annual volatility of 0.0512 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7856 to the December average rate of 0.7948, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8040 was down 0.49% compared to the 2023 peak of 0.8080, 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 4,020 SGD

2023 Average 3,950 SGD

Yearly Trough Low 3,764 SGD

Transaction Impact: A difference of 255.77 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8019

0.7585

JanuMarcMayJulySeptNove

AZN to SGD 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 0.7924, compared to 0.7799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.7924

H2 Avg (Jul–Dec) 0.7799

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0211 SGD (High: 0.7863 / Low: 0.7652). On the other end, June was the most stable month, with a tight range of 0.0079 SGD (High: 0.7994 / Low: 0.7914).

August Spread (Volatile) ±0.0211

June Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0178 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7948) against the same month in 2023 (average: 0.7832), the exchange rate shifted by +0.0116 (+1.48%).

2024 Avg (December) 0.7948

2023 Avg (December) 0.7832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7908	0.7764	0.7856
February	0.7948	0.7863	0.7912
March	0.7941	0.7825	0.7888
April	0.8031	0.7911	0.7983
May	0.8003	0.7904	0.7946
June	0.7994	0.7914	0.7956
July	0.7987	0.7860	0.7916
August	0.7863	0.7652	0.7738
September	0.7689	0.7529	0.7621
October	0.7786	0.7578	0.7710
November	0.7934	0.7727	0.7860
December	0.8040	0.7873	0.7948