YEARLY HIGH
0.0206 AZN
YEARLY LOW
0.0198 AZN
YEARLY AVERAGE
0.0203 AZN

2024 INR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0206. Conversely, the yearly low was recorded on December 30, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0007 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0200, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0206 was down 2.15% compared to the 2023 peak of 0.0210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 5,138 AZN
2023 Average 5,148 AZN
Yearly Trough Low 4,954 AZN
Transaction Impact: A difference of 183.48 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0205
0.0199
JanuMarcMayJulySeptNove

INR 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 0.0204, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0003 AZN (High: 0.0201 / Low: 0.0198). On the other end, February was the most stable month, with a tight range of 0.0001 AZN (High: 0.0205 / Low: 0.0205).

December Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0205) against the same month in 2023 (average: 0.0207), the exchange rate shifted by -0.0002 (-0.98%).

2024 Avg (March) 0.0205
2023 Avg (March) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0205 0.0204 0.0205
February 0.0205 0.0205 0.0205
March 0.0206 0.0203 0.0205
April 0.0204 0.0203 0.0204
May 0.0205 0.0203 0.0204
June 0.0205 0.0203 0.0204
July 0.0204 0.0203 0.0203
August 0.0203 0.0202 0.0203
September 0.0204 0.0202 0.0203
October 0.0203 0.0202 0.0202
November 0.0202 0.0201 0.0202
December 0.0201 0.0198 0.0200