YEARLY HIGH
0.0129 AZN
YEARLY LOW
0.0124 AZN
YEARLY AVERAGE
0.0127 AZN

2024 NPR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0129. Conversely, the yearly low was recorded on December 29, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0005 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0125, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0129 was down 1.99% compared to the 2023 peak of 0.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 AZN
2023 Average 64 AZN
Yearly Trough Low 62 AZN
Transaction Impact: A difference of 2.47 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0128
0.0125
JanuMarcMayJulySeptNove

NPR 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 0.0128, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0128
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0002 AZN (High: 0.0129 / Low: 0.0126). On the other end, July was the most stable month, with a tight range of 0.0001 AZN (High: 0.0128 / Low: 0.0127).

January Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0128) against the same month in 2023 (average: 0.0129), the exchange rate shifted by -0.0001 (-0.92%).

2024 Avg (March) 0.0128
2023 Avg (March) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0126 0.0128
February 0.0128 0.0127 0.0128
March 0.0129 0.0127 0.0128
April 0.0128 0.0127 0.0128
May 0.0128 0.0127 0.0127
June 0.0128 0.0127 0.0127
July 0.0128 0.0127 0.0127
August 0.0128 0.0126 0.0127
September 0.0127 0.0126 0.0127
October 0.0127 0.0126 0.0126
November 0.0126 0.0125 0.0126
December 0.0126 0.0124 0.0125