YEARLY HIGH
0.8511 AZN
YEARLY LOW
0.8357 AZN
YEARLY AVERAGE
0.8437 AZN

2024 BZD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.8511. Conversely, the yearly low was recorded on February 4, dropping to 0.8357.

This high-to-low spread represents a total annual volatility of 0.0153 AZN. From a start-to-finish perspective, comparing the January average rate of 0.8437 to the December average rate of 0.8449, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8511 was down 0.50% compared to the 2023 peak of 0.8554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,255 AZN
2023 Average 4,219 AZN
Yearly Trough Low 4,179 AZN
Transaction Impact: A difference of 76.61 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8451
0.8426
JanuMarcMayJulySeptNove

BZD 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 0.8437, compared to 0.8437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.8437
H2 Avg (Jul–Dec) 0.8437

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0100 AZN (High: 0.8511 / Low: 0.8410). On the other end, July was the most stable month, with a tight range of 0.0032 AZN (High: 0.8458 / Low: 0.8426).

August Spread (Volatile) ±0.0100
July Spread (Stable) ±0.0032

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 August and September, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8441) against the same month in 2023 (average: 0.8434), the exchange rate shifted by +0.0007 (+0.09%).

2024 Avg (August) 0.8441
2023 Avg (August) 0.8434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8461 0.8410 0.8437
February 0.8451 0.8357 0.8432
March 0.8498 0.8412 0.8441
April 0.8481 0.8413 0.8439
May 0.8478 0.8425 0.8437
June 0.8454 0.8379 0.8434
July 0.8458 0.8426 0.8437
August 0.8511 0.8410 0.8441
September 0.8455 0.8420 0.8432
October 0.8441 0.8399 0.8428
November 0.8472 0.8387 0.8432
December 0.8491 0.8421 0.8449