YEARLY HIGH
0.2057 AZN
YEARLY LOW
0.1943 AZN
YEARLY AVERAGE
0.2018 AZN

2024 SBD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.2057. Conversely, the yearly low was recorded on March 12, dropping to 0.1943.

This high-to-low spread represents a total annual volatility of 0.0113 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2019 to the December average rate of 0.2029, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2057 was down 0.82% compared to the 2023 peak of 0.2074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,028 AZN
2023 Average 1,019 AZN
Yearly Trough Low 972 AZN
Transaction Impact: A difference of 56.68 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2051
0.1999
JanuMarcMayJulySeptNove

SBD 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 0.2010, compared to 0.2027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.2010
H2 Avg (Jul–Dec) 0.2027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0079 AZN (High: 0.2023 / Low: 0.1943). On the other end, May was the most stable month, with a tight range of 0.0009 AZN (High: 0.2006 / Low: 0.1997).

March Spread (Volatile) ±0.0079
May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2046) against the same month in 2023 (average: 0.2016), the exchange rate shifted by +0.0031 (+1.52%).

2024 Avg (October) 0.2046
2023 Avg (October) 0.2016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2036 0.2011 0.2019
February 0.2023 0.1997 0.2011
March 0.2023 0.1943 0.2009
April 0.2014 0.1989 0.2005
May 0.2006 0.1997 0.2004
June 0.2014 0.2002 0.2009
July 0.2023 0.2006 0.2012
August 0.2023 0.1989 0.2005
September 0.2050 0.2006 0.2038
October 0.2057 0.2036 0.2046
November 0.2048 0.2026 0.2033
December 0.2040 0.2028 0.2029