2024 BAM to AZN Historical Review

YEARLY HIGH

0.9743 AZN

YEARLY LOW

0.9022 AZN

YEARLY AVERAGE

0.9408 AZN

2024 BAM to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.9743. Conversely, the yearly low was recorded on December 20, dropping to 0.9022.

This high-to-low spread represents a total annual volatility of 0.0721 AZN. From a start-to-finish perspective, comparing the January average rate of 0.9489 to the December average rate of 0.9109, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9743 was down 0.40% compared to the 2023 peak of 0.9782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,871 AZN

2023 Average 4,703 AZN

Yearly Trough Low 4,511 AZN

Transaction Impact: A difference of 360.48 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9713

0.9055

JanuMarcMayJulySeptNove

BAM to AZN 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 0.9401, compared to 0.9414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.9401

H2 Avg (Jul–Dec) 0.9414

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0423 AZN (High: 0.9480 / Low: 0.9057). On the other end, March was the most stable month, with a tight range of 0.0138 AZN (High: 0.9514 / Low: 0.9376).

November Spread (Volatile) ±0.0423

March Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0229 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9569) against the same month in 2023 (average: 0.9486), the exchange rate shifted by +0.0083 (+0.88%).

2024 Avg (August) 0.9569

2023 Avg (August) 0.9486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9601	0.9412	0.9489
February	0.9458	0.9308	0.9386
March	0.9514	0.9376	0.9451
April	0.9448	0.9241	0.9332
May	0.9470	0.9275	0.9394
June	0.9468	0.9285	0.9356
July	0.9506	0.9316	0.9432
August	0.9743	0.9382	0.9569
September	0.9729	0.9576	0.9658
October	0.9644	0.9370	0.9473
November	0.9480	0.9057	0.9244
December	0.9200	0.9022	0.9109