YEARLY HIGH
2.4196 AZN
YEARLY LOW
2.2465 AZN
YEARLY AVERAGE
2.3399 AZN

2021 FKP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 2.4196. Conversely, the yearly low was recorded on December 20, dropping to 2.2465.

This high-to-low spread represents a total annual volatility of 0.1731 AZN. From a start-to-finish perspective, comparing the January average rate of 2.3206 to the December average rate of 2.2632, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4196 was up 3.95% compared to the 2020 peak of 2.3277, 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 12,098 AZN
2020 Average 10,928 AZN
Yearly Trough Low 11,233 AZN
Transaction Impact: A difference of 865.45 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4073
2.2501
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 2.3613, compared to 2.3184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 2.3613
H2 Avg (Jul–Dec) 2.3184

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0845 AZN (High: 2.4061 / Low: 2.3216). On the other end, January was the most stable month, with a tight range of 0.0377 AZN (High: 2.3369 / Low: 2.2992).

February Spread (Volatile) ±0.0845
January Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0411 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.3942) against the same month in 2020 (average: 2.0936), the exchange rate shifted by +0.3007 (+14.36%).

2021 Avg (May) 2.3942
2020 Avg (May) 2.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3369 2.2992 2.3206
February 2.4061 2.3216 2.3597
March 2.3791 2.3281 2.3569
April 2.3797 2.3312 2.3532
May 2.4196 2.3500 2.3942
June 2.4110 2.3474 2.3833
July 2.3750 2.3188 2.3498
August 2.3688 2.3169 2.3462
September 2.3582 2.2838 2.3372
October 2.3509 2.3037 2.3276
November 2.3291 2.2612 2.2865
December 2.3004 2.2465 2.2632