YEARLY HIGH
7648.2353 SYP
YEARLY LOW
1473.2825 SYP
YEARLY AVERAGE
1660.3231 SYP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 38,241,176 SYP
2023 Average 7,389,404 SYP
Yearly Trough Low 7,366,412 SYP
Transaction Impact: A difference of 30,874,764.21 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3886.4034
1258.5040
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1477.7786
H2 Avg (Jul–Dec) 1842.8676

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±6170.2765
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4632

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 3667.4118
2023 Avg (December) 1477.9588

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