2024 ETB to AZN Historical Review

YEARLY HIGH

0.0304 AZN

YEARLY LOW

0.0133 AZN

YEARLY AVERAGE

0.0234 AZN

2024 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0304. Conversely, the yearly low was recorded on December 31, dropping to 0.0133.

This high-to-low spread represents a total annual volatility of 0.0171 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0301 to the December average rate of 0.0134, the exchange rate registered a net change of -55.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0304 was down 5.02% compared to the 2023 peak of 0.0320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152 AZN

2023 Average 155 AZN

Yearly Trough Low 66 AZN

Transaction Impact: A difference of 85.64 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0318

0.0118

JanuMarcMayJulySeptNove

ETB 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 0.0299, compared to 0.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.0299

H2 Avg (Jul–Dec) 0.0170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0071 AZN (High: 0.0297 / Low: 0.0225). On the other end, May was the most stable month, with a tight range of 0.0003 AZN (High: 0.0298 / Low: 0.0295).

July Spread (Volatile) ±0.0071

May Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0125 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0301) against the same month in 2023 (average: 0.0317), the exchange rate shifted by -0.0016 (-4.92%).

2024 Avg (January) 0.0301

2023 Avg (January) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0304	0.0300	0.0301
February	0.0302	0.0298	0.0300
March	0.0303	0.0299	0.0300
April	0.0301	0.0295	0.0299
May	0.0298	0.0295	0.0297
June	0.0298	0.0294	0.0296
July	0.0297	0.0225	0.0292
August	0.0216	0.0151	0.0167
September	0.0154	0.0142	0.0147
October	0.0144	0.0139	0.0141
November	0.0142	0.0134	0.0139
December	0.0137	0.0133	0.0134