YEARLY HIGH
0.4596 AZN
YEARLY LOW
0.4184 AZN
YEARLY AVERAGE
0.4370 AZN

2024 PGK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.4596. Conversely, the yearly low was recorded on December 31, dropping to 0.4184.

This high-to-low spread represents a total annual volatility of 0.0412 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4554 to the December average rate of 0.4205, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4596 was down 6.05% compared to the 2023 peak of 0.4892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,298 AZN
2023 Average 2,361 AZN
Yearly Trough Low 2,092 AZN
Transaction Impact: A difference of 206.00 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4589
0.4170
JanuMarcMayJulySeptNove

PGK 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 0.4458, compared to 0.4283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.4458
H2 Avg (Jul–Dec) 0.4283

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0159 AZN (High: 0.4452 / Low: 0.4293). On the other end, May was the most stable month, with a tight range of 0.0046 AZN (High: 0.4410 / Low: 0.4364).

August Spread (Volatile) ±0.0159
May Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0066 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4554) against the same month in 2023 (average: 0.4826), the exchange rate shifted by -0.0271 (-5.62%).

2024 Avg (January) 0.4554
2023 Avg (January) 0.4826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4596 0.4484 0.4554
February 0.4567 0.4460 0.4506
March 0.4558 0.4439 0.4477
April 0.4502 0.4393 0.4450
May 0.4410 0.4364 0.4384
June 0.4428 0.4342 0.4376
July 0.4426 0.4328 0.4360
August 0.4452 0.4293 0.4330
September 0.4350 0.4257 0.4294
October 0.4329 0.4239 0.4283
November 0.4267 0.4196 0.4228
December 0.4262 0.4184 0.4205