2024 BOB to AZN Historical Review

YEARLY HIGH

0.2482 AZN

YEARLY LOW

0.2438 AZN

YEARLY AVERAGE

0.2460 AZN

2024 BOB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.2482. Conversely, the yearly low was recorded on February 4, dropping to 0.2438.

This high-to-low spread represents a total annual volatility of 0.0045 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2461 to the December average rate of 0.2460, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2482 was down 0.51% compared to the 2023 peak of 0.2495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,241 AZN

2023 Average 1,231 AZN

Yearly Trough Low 1,219 AZN

Transaction Impact: A difference of 22.38 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2462

0.2456

JanuMarcMayJulySeptNove

BOB 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 0.2460, compared to 0.2459 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) 0.2460

H2 Avg (Jul–Dec) 0.2459

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0031 AZN (High: 0.2482 / Low: 0.2452). On the other end, July was the most stable month, with a tight range of 0.0009 AZN (High: 0.2467 / Low: 0.2458).

August Spread (Volatile) ±0.0031

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2462) against the same month in 2023 (average: 0.2460), the exchange rate shifted by +0.0002 (+0.07%).

2024 Avg (August) 0.2462

2023 Avg (August) 0.2460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2468	0.2453	0.2461
February	0.2465	0.2438	0.2459
March	0.2479	0.2451	0.2461
April	0.2465	0.2445	0.2457
May	0.2473	0.2456	0.2460
June	0.2466	0.2444	0.2460
July	0.2467	0.2458	0.2461
August	0.2482	0.2452	0.2462
September	0.2466	0.2450	0.2459
October	0.2462	0.2450	0.2457
November	0.2471	0.2441	0.2457
December	0.2470	0.2452	0.2460