2024 FKP to AZN Historical Review

YEARLY HIGH

2.2826 AZN

YEARLY LOW

2.0995 AZN

YEARLY AVERAGE

2.1728 AZN

2024 FKP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.2826. Conversely, the yearly low was recorded on April 22, dropping to 2.0995.

This high-to-low spread represents a total annual volatility of 0.1831 AZN. From a start-to-finish perspective, comparing the January average rate of 2.1608 to the December average rate of 2.1479, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2826 was up 2.27% compared to the 2023 peak of 2.2318, 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 11,413 AZN

2023 Average 10,574 AZN

Yearly Trough Low 10,497 AZN

Transaction Impact: A difference of 915.50 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2595

2.1151

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 2.1508, compared to 2.1949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0441 points.

H1 Avg (Jan–Jun) 2.1508

H2 Avg (Jul–Dec) 2.1949

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0974 AZN (High: 2.2534 / Low: 2.1560). On the other end, January was the most stable month, with a tight range of 0.0265 AZN (High: 2.1725 / Low: 2.1459).

August Spread (Volatile) ±0.0974

January Spread (Stable) ±0.0265

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0504 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.2475) against the same month in 2023 (average: 2.1059), the exchange rate shifted by +0.1416 (+6.73%).

2024 Avg (September) 2.2475

2023 Avg (September) 2.1059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1725	2.1459	2.1608
February	2.1669	2.1307	2.1473
March	2.1859	2.1416	2.1610
April	2.1551	2.0995	2.1271
May	2.1711	2.1238	2.1482
June	2.1777	2.1456	2.1601
July	2.2115	2.1497	2.1879
August	2.2534	2.1560	2.2010
September	2.2826	2.2165	2.2475
October	2.2566	2.1926	2.2177
November	2.2173	2.1301	2.1673
December	2.1726	2.1245	2.1479