YEARLY HIGH
2.2938 AZN
YEARLY LOW
2.0467 AZN
YEARLY AVERAGE
2.1747 AZN

2019 FKP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 2.2938. Conversely, the yearly low was recorded on August 11, dropping to 2.0467.

This high-to-low spread represents a total annual volatility of 0.2471 AZN. From a start-to-finish perspective, comparing the January average rate of 2.1970 to the December average rate of 2.2323, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2938 was down 6.05% compared to the 2018 peak of 2.4415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,469 AZN
2018 Average 11,346 AZN
Yearly Trough Low 10,234 AZN
Transaction Impact: A difference of 1,235.41 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2596
2.0519
JanuMarcMayJulySeptNove

FKP 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 2.2031, compared to 2.1463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0568 points.

H1 Avg (Jan–Jun) 2.2031
H2 Avg (Jul–Dec) 2.1463

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.1309 AZN (High: 2.2100 / Low: 2.0791). On the other end, November was the most stable month, with a tight range of 0.0295 AZN (High: 2.2045 / Low: 2.1749).

October Spread (Volatile) ±0.1309
November Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0541 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.2323) against the same month in 2018 (average: 2.1568), the exchange rate shifted by +0.0755 (+3.50%).

2019 Avg (December) 2.2323
2018 Avg (December) 2.1568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2487 2.1308 2.1970
February 2.2673 2.1789 2.2147
March 2.2658 2.2107 2.2422
April 2.2432 2.1953 2.2170
May 2.2427 2.1462 2.1889
June 2.1709 2.1353 2.1586
July 2.1527 2.0689 2.1233
August 2.0908 2.0467 2.0692
September 2.1321 2.0541 2.1038
October 2.2100 2.0791 2.1560
November 2.2045 2.1749 2.1933
December 2.2938 2.1983 2.2323