YEARLY HIGH
0.8527 AZN
YEARLY LOW
0.8500 AZN
YEARLY AVERAGE
0.8501 AZN

2024 BBD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8527. Conversely, the yearly low was recorded on December 31, dropping to 0.8500.

This high-to-low spread represents a total annual volatility of 0.0027 AZN. From a start-to-finish perspective, comparing the January average rate of 0.8502 to the December average rate of 0.8500, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8527 was down 0.00% compared to the 2023 peak of 0.8527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,263 AZN
2023 Average 4,250 AZN
Yearly Trough Low 4,250 AZN
Transaction Impact: A difference of 13.49 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8503
0.8500
JanuMarcMayJulySeptNove

BBD 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 0.8501, compared to 0.8500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.8501
H2 Avg (Jul–Dec) 0.8500

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0027 AZN (High: 0.8527 / Low: 0.8500). On the other end, December was the most stable month, with a tight range of 0.0000 AZN (High: 0.8500 / Low: 0.8500).

January Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8502) against the same month in 2023 (average: 0.8500), the exchange rate shifted by +0.0002 (+0.02%).

2024 Avg (January) 0.8502
2023 Avg (January) 0.8500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8527 0.8500 0.8502
February 0.8500 0.8500 0.8500
March 0.8527 0.8500 0.8503
April 0.8527 0.8500 0.8502
May 0.8500 0.8500 0.8500
June 0.8500 0.8500 0.8500
July 0.8500 0.8500 0.8500
August 0.8500 0.8500 0.8500
September 0.8500 0.8500 0.8500
October 0.8500 0.8500 0.8500
November 0.8500 0.8500 0.8500
December 0.8500 0.8500 0.8500