YEARLY HIGH
0.0985 AZN
YEARLY LOW
0.0921 AZN
YEARLY AVERAGE
0.0959 AZN

2024 MDL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0985. Conversely, the yearly low was recorded on December 28, dropping to 0.0921.

This high-to-low spread represents a total annual volatility of 0.0065 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0965 to the December average rate of 0.0928, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0985 was up 0.27% compared to the 2023 peak of 0.0983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 493 AZN
2023 Average 470 AZN
Yearly Trough Low 460 AZN
Transaction Impact: A difference of 32.29 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0983
0.0923
JanuMarcMayJulySeptNove

MDL 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 0.0961, compared to 0.0957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0961
H2 Avg (Jul–Dec) 0.0957

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0034 AZN (High: 0.0979 / Low: 0.0945). On the other end, February was the most stable month, with a tight range of 0.0010 AZN (High: 0.0959 / Low: 0.0950).

October Spread (Volatile) ±0.0034
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0972) against the same month in 2023 (average: 0.0962), the exchange rate shifted by +0.0011 (+1.11%).

2024 Avg (August) 0.0972
2023 Avg (August) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0983 0.0957 0.0965
February 0.0959 0.0950 0.0955
March 0.0969 0.0957 0.0963
April 0.0969 0.0949 0.0959
May 0.0967 0.0957 0.0963
June 0.0970 0.0950 0.0959
July 0.0968 0.0954 0.0960
August 0.0985 0.0959 0.0972
September 0.0984 0.0972 0.0978
October 0.0979 0.0945 0.0961
November 0.0957 0.0929 0.0942
December 0.0933 0.0921 0.0928