2024 QAR to AZN Historical Review

YEARLY HIGH

0.4704 AZN

YEARLY LOW

0.4616 AZN

YEARLY AVERAGE

0.4667 AZN

2024 QAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.4704. Conversely, the yearly low was recorded on February 4, dropping to 0.4616.

This high-to-low spread represents a total annual volatility of 0.0088 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4667 to the December average rate of 0.4667, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4704 was down 0.40% compared to the 2023 peak of 0.4723, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,352 AZN

2023 Average 2,333 AZN

Yearly Trough Low 2,308 AZN

Transaction Impact: A difference of 44.05 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4673

0.4663

JanuMarcMayJulySeptNove

QAR 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 0.4667, compared to 0.4667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.4667

H2 Avg (Jul–Dec) 0.4667

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0053 AZN (High: 0.4670 / Low: 0.4616). On the other end, September was the most stable month, with a tight range of 0.0012 AZN (High: 0.4670 / Low: 0.4658).

February Spread (Volatile) ±0.0053

September Spread (Stable) ±0.0012

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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4672) against the same month in 2023 (average: 0.4665), the exchange rate shifted by +0.0007 (+0.15%).

2024 Avg (August) 0.4672

2023 Avg (August) 0.4665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4684	0.4649	0.4667
February	0.4670	0.4616	0.4666
March	0.4694	0.4658	0.4670
April	0.4688	0.4651	0.4668
May	0.4686	0.4650	0.4666
June	0.4673	0.4630	0.4665
July	0.4671	0.4657	0.4665
August	0.4704	0.4657	0.4672
September	0.4670	0.4658	0.4667
October	0.4670	0.4643	0.4664
November	0.4673	0.4649	0.4667
December	0.4682	0.4656	0.4667