2024 AZN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 7648.2353. Conversely, the yearly low was recorded on January 5, dropping to 1473.2825.
This high-to-low spread represents a total annual volatility of 6174.9528 SYP. From a start-to-finish perspective, comparing the January average rate of 1477.6575 to the December average rate of 3667.4118, the exchange rate registered a net change of 148.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 7648.2353 was up 417.49% compared to the 2023 peak of 1477.9588, 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 SYP 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 1477.7786, compared to 1842.8676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 365.0891 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 6170.2765 SYP (High: 7648.2353 / Low: 1477.9588). On the other end, November was the most stable month, with a tight range of 0.0000 SYP (High: 1477.9588 / Low: 1477.9588).
Growth Streaks & Declines
TrendsBetween March and May, 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 February and March, when the average rate fell by 0.4632 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 3667.4118) against the same month in 2023 (average: 1477.9588), the exchange rate shifted by +2189.4529 (+148.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1477.9588 | 1473.2825 | 1477.6575 |
| February | 1477.9588 | 1477.9588 | 1477.9588 |
| March | 1477.9588 | 1473.2928 | 1477.4956 |
| April | 1477.9588 | 1473.2902 | 1477.6419 |
| May | 1477.9588 | 1477.9588 | 1477.9588 |
| June | 1477.9588 | 1477.9588 | 1477.9588 |
| July | 1477.9588 | 1477.9588 | 1477.9588 |
| August | 1477.9588 | 1477.9588 | 1477.9588 |
| September | 1477.9588 | 1477.9588 | 1477.9588 |
| October | 1477.9588 | 1477.9588 | 1477.9588 |
| November | 1477.9588 | 1477.9588 | 1477.9588 |
| December | 7648.2353 | 1477.9588 | 3667.4118 |