2024 TOP to AZN Historical Review

YEARLY HIGH

0.7294 AZN

YEARLY LOW

0.7040 AZN

YEARLY AVERAGE

0.7177 AZN

2024 TOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7294. Conversely, the yearly low was recorded on April 29, dropping to 0.7040.

This high-to-low spread represents a total annual volatility of 0.0254 AZN. From a start-to-finish perspective, comparing the January average rate of 0.7219 to the December average rate of 0.7100, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7294 was down 0.87% compared to the 2023 peak of 0.7358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,647 AZN

2023 Average 3,599 AZN

Yearly Trough Low 3,520 AZN

Transaction Impact: A difference of 127.12 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7265

0.7084

JanuMarcMayJulySeptNove

TOP 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 0.7182, compared to 0.7172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.7182

H2 Avg (Jul–Dec) 0.7172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0154 AZN (High: 0.7285 / Low: 0.7132). On the other end, December was the most stable month, with a tight range of 0.0000 AZN (High: 0.7100 / Low: 0.7100).

October Spread (Volatile) ±0.0154

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, 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 0.0086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7219) against the same month in 2023 (average: 0.7298), the exchange rate shifted by -0.0079 (-1.08%).

2024 Avg (January) 0.7219

2023 Avg (January) 0.7298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7294	0.7175	0.7219
February	0.7206	0.7099	0.7180
March	0.7216	0.7144	0.7180
April	0.7179	0.7040	0.7132
May	0.7212	0.7118	0.7178
June	0.7226	0.7190	0.7206
July	0.7221	0.7126	0.7184
August	0.7270	0.7134	0.7191
September	0.7285	0.7218	0.7250
October	0.7285	0.7132	0.7196
November	0.7143	0.7073	0.7110
December	0.7100	0.7100	0.7100