2024 GMD to AZN Historical Review

YEARLY HIGH

0.0254 AZN

YEARLY LOW

0.0236 AZN

YEARLY AVERAGE

0.0247 AZN

2024 GMD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0254. Conversely, the yearly low was recorded on December 13, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0018 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0237, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0254 was down 11.48% compared to the 2023 peak of 0.0287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127 AZN

2023 Average 137 AZN

Yearly Trough Low 118 AZN

Transaction Impact: A difference of 8.83 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0254

0.0235

JanuMarcMayJulySeptNove

GMD 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 0.0251, compared to 0.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0011 AZN (High: 0.0252 / Low: 0.0241). On the other end, June was the most stable month, with a tight range of 0.0000 AZN (High: 0.0251 / Low: 0.0251).

October Spread (Volatile) ±0.0011

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0253) against the same month in 2023 (average: 0.0274), the exchange rate shifted by -0.0021 (-7.81%).

2024 Avg (January) 0.0253

2023 Avg (January) 0.0274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0254	0.0252	0.0253
February	0.0253	0.0250	0.0251
March	0.0251	0.0250	0.0250
April	0.0251	0.0250	0.0250
May	0.0251	0.0250	0.0251
June	0.0251	0.0251	0.0251
July	0.0251	0.0245	0.0251
August	0.0246	0.0239	0.0243
September	0.0248	0.0239	0.0244
October	0.0252	0.0241	0.0245
November	0.0241	0.0238	0.0239
December	0.0239	0.0236	0.0237