2024 AZN to SRD Historical Review

YEARLY HIGH

21.7353 SRD

YEARLY LOW

16.8635 SRD

YEARLY AVERAGE

19.4976 SRD

2024 AZN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 21.7353. Conversely, the yearly low was recorded on August 13, dropping to 16.8635.

This high-to-low spread represents a total annual volatility of 4.8718 SRD. From a start-to-finish perspective, comparing the January average rate of 21.5771 to the December average rate of 20.7166, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.7353 was down 4.33% compared to the 2023 peak of 22.7185, 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 108,676 SRD

2023 Average 107,673 SRD

Yearly Trough Low 84,318 SRD

Transaction Impact: A difference of 24,358.82 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.0409

16.4754

JanuMarcMayJulySeptNove

AZN to SRD 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 20.2581, compared to 18.7372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5209 points.

H1 Avg (Jan–Jun) 20.2581

H2 Avg (Jul–Dec) 18.7372

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.1594 SRD (High: 20.2159 / Low: 18.0565). On the other end, August was the most stable month, with a tight range of 0.1350 SRD (High: 16.9985 / Low: 16.8635).

October Spread (Volatile) ±2.1594

August Spread (Stable) ±0.1350

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 1.1698 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 21.5771) against the same month in 2023 (average: 18.7150), the exchange rate shifted by +2.8621 (+15.29%).

2024 Avg (January) 21.5771

2023 Avg (January) 18.7150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.7353	21.4118	21.5771
February	21.6056	20.7665	21.2667
March	20.8735	20.5018	20.7172
April	20.6424	19.8903	20.3569
May	19.8903	18.9032	19.1871
June	18.9615	18.0135	18.4436
July	18.1403	16.9726	17.4657
August	16.9985	16.8635	16.9392
September	18.0591	16.9912	17.4740
October	20.2159	18.0565	19.1295
November	20.9050	20.2159	20.6982
December	20.8265	20.6224	20.7166