2024 CNY to AZN Historical Review

YEARLY HIGH

0.2425 AZN

YEARLY LOW

0.2329 AZN

YEARLY AVERAGE

0.2369 AZN

2024 CNY to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.2425. Conversely, the yearly low was recorded on December 30, dropping to 0.2329.

This high-to-low spread represents a total annual volatility of 0.0096 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2391 to the December average rate of 0.2335, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2425 was down 4.38% compared to the 2023 peak of 0.2536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 6,063 AZN

2023 Average 6,012 AZN

Yearly Trough Low 5,823 AZN

Transaction Impact: A difference of 240.13 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2410

0.2328

JanuMarcMayJulySeptNove

CNY 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 0.2368, compared to 0.2369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2368

H2 Avg (Jul–Dec) 0.2369

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0057 AZN (High: 0.2404 / Low: 0.2347). On the other end, December was the most stable month, with a tight range of 0.0018 AZN (High: 0.2348 / Low: 0.2329).

May Spread (Volatile) ±0.0057

December Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2403) against the same month in 2023 (average: 0.2331), the exchange rate shifted by +0.0072 (+3.09%).

2024 Avg (September) 0.2403

2023 Avg (September) 0.2331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2402	0.2363	0.2391
February	0.2394	0.2362	0.2375
March	0.2384	0.2352	0.2363
April	0.2397	0.2346	0.2352
May	0.2404	0.2347	0.2372
June	0.2395	0.2339	0.2356
July	0.2381	0.2337	0.2343
August	0.2397	0.2347	0.2379
September	0.2425	0.2387	0.2403
October	0.2422	0.2384	0.2398
November	0.2395	0.2346	0.2359
December	0.2348	0.2329	0.2335