YEARLY HIGH
0.0095 AZN
YEARLY LOW
0.0085 AZN
YEARLY AVERAGE
0.0089 AZN

2024 LRD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0095. Conversely, the yearly low was recorded on September 20, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0010 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0094, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0095 was down 14.36% compared to the 2023 peak of 0.0111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47 AZN
2023 Average 49 AZN
Yearly Trough Low 42 AZN
Transaction Impact: A difference of 5.00 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0095
0.0086
JanuMarcMayJulySeptNove

LRD 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 0.0089, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 AZN (High: 0.0095 / Low: 0.0089). On the other end, May was the most stable month, with a tight range of 0.0000 AZN (High: 0.0088 / Low: 0.0088).

November Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0094) against the same month in 2023 (average: 0.0090), the exchange rate shifted by +0.0004 (+4.24%).

2024 Avg (December) 0.0094
2023 Avg (December) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0089 0.0090
February 0.0089 0.0089 0.0089
March 0.0089 0.0088 0.0088
April 0.0090 0.0088 0.0088
May 0.0088 0.0088 0.0088
June 0.0088 0.0087 0.0088
July 0.0088 0.0087 0.0087
August 0.0087 0.0086 0.0087
September 0.0088 0.0085 0.0087
October 0.0089 0.0088 0.0088
November 0.0095 0.0089 0.0092
December 0.0095 0.0092 0.0094