YEARLY HIGH
2.0938 AZN
YEARLY LOW
1.8140 AZN
YEARLY AVERAGE
1.9438 AZN

2020 EUR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.0938. Conversely, the yearly low was recorded on March 19, dropping to 1.8140.

This high-to-low spread represents a total annual volatility of 0.2798 AZN. From a start-to-finish perspective, comparing the January average rate of 1.8904 to the December average rate of 2.0724, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0938 was up 6.44% compared to the 2019 peak of 1.9671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,469 AZN
2019 Average 9,533 AZN
Yearly Trough Low 9,070 AZN
Transaction Impact: A difference of 1,398.97 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0947
1.8280
JanuMarcMayJulySeptNove

EUR 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 1.8769, compared to 2.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1338 points.

H1 Avg (Jan–Jun) 1.8769
H2 Avg (Jul–Dec) 2.0108

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1267 AZN (High: 1.9408 / Low: 1.8140). On the other end, October was the most stable month, with a tight range of 0.0318 AZN (High: 2.0196 / Low: 1.9877).

March Spread (Volatile) ±0.1267
October Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0353 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.0724) against the same month in 2019 (average: 1.8918), the exchange rate shifted by +0.1806 (+9.55%).

2020 Avg (December) 2.0724
2019 Avg (December) 1.8918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9100 1.8751 1.8904
February 1.8888 1.8366 1.8586
March 1.9408 1.8140 1.8854
April 1.8700 1.8344 1.8502
May 1.8925 1.8385 1.8608
June 1.9352 1.8941 1.9160
July 2.0212 1.9132 1.9510
August 2.0339 1.9979 2.0141
September 2.0298 1.9802 2.0067
October 2.0196 1.9877 2.0034
November 2.0382 1.9820 2.0169
December 2.0938 2.0551 2.0724