2024 PEN to AZN Historical Review

YEARLY HIGH

0.4643 AZN

YEARLY LOW

0.4382 AZN

YEARLY AVERAGE

0.4530 AZN

2024 PEN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.4643. Conversely, the yearly low was recorded on February 14, dropping to 0.4382.

This high-to-low spread represents a total annual volatility of 0.0261 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4557 to the December average rate of 0.4556, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4643 was down 2.82% compared to the 2023 peak of 0.4777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,321 AZN

2023 Average 2,274 AZN

Yearly Trough Low 2,191 AZN

Transaction Impact: A difference of 130.34 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4592

0.4427

JanuMarcMayJulySeptNove

PEN 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 0.4534, compared to 0.4527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.4534

H2 Avg (Jul–Dec) 0.4527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0164 AZN (High: 0.4622 / Low: 0.4458). On the other end, August was the most stable month, with a tight range of 0.0058 AZN (High: 0.4584 / Low: 0.4526).

January Spread (Volatile) ±0.0164

August Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.0117 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4578) against the same month in 2023 (average: 0.4502), the exchange rate shifted by +0.0076 (+1.69%).

2024 Avg (March) 0.4578

2023 Avg (March) 0.4502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4622	0.4458	0.4557
February	0.4496	0.4382	0.4440
March	0.4643	0.4492	0.4578
April	0.4631	0.4514	0.4576
May	0.4610	0.4517	0.4556
June	0.4558	0.4433	0.4494
July	0.4578	0.4421	0.4517
August	0.4584	0.4526	0.4552
September	0.4575	0.4453	0.4510
October	0.4587	0.4505	0.4532
November	0.4547	0.4465	0.4496
December	0.4584	0.4524	0.4556