YEARLY HIGH
0.1326 AZN
YEARLY LOW
0.1127 AZN
YEARLY AVERAGE
0.1244 AZN

2024 SCR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.1326. Conversely, the yearly low was recorded on December 16, dropping to 0.1127.

This high-to-low spread represents a total annual volatility of 0.0200 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1271 to the December average rate of 0.1205, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1326 was down 0.69% compared to the 2023 peak of 0.1335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 663 AZN
2023 Average 633 AZN
Yearly Trough Low 563 AZN
Transaction Impact: A difference of 99.85 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1277
0.1199
JanuMarcMayJulySeptNove

SCR 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 0.1252, compared to 0.1236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1252
H2 Avg (Jul–Dec) 0.1236

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0194 AZN (High: 0.1326 / Low: 0.1132). On the other end, May was the most stable month, with a tight range of 0.0038 AZN (High: 0.1267 / Low: 0.1228).

August Spread (Volatile) ±0.0194
May Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1264) against the same month in 2023 (average: 0.1294), the exchange rate shifted by -0.0030 (-2.29%).

2024 Avg (September) 0.1264
2023 Avg (September) 0.1294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1302 0.1225 0.1271
February 0.1289 0.1230 0.1263
March 0.1275 0.1194 0.1251
April 0.1272 0.1183 0.1251
May 0.1267 0.1228 0.1245
June 0.1254 0.1158 0.1231
July 0.1258 0.1205 0.1232
August 0.1326 0.1132 0.1239
September 0.1326 0.1218 0.1264
October 0.1300 0.1130 0.1241
November 0.1269 0.1189 0.1237
December 0.1278 0.1127 0.1205