2023 AFN to AZN Historical Review

YEARLY HIGH

0.0247 AZN

YEARLY LOW

0.0186 AZN

YEARLY AVERAGE

0.0207 AZN

2023 AFN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0247. Conversely, the yearly low was recorded on April 18, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0062 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0191 to the December average rate of 0.0243, the exchange rate registered a net change of 27.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0247 was up 24.15% compared to the 2022 peak of 0.0199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 124 AZN

2022 Average 95 AZN

Yearly Trough Low 93 AZN

Transaction Impact: A difference of 30.79 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0248

0.0184

JanuMarcMayJulySeptNove

AFN 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 0.0194, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0194

H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0023 AZN (High: 0.0232 / Low: 0.0209). On the other end, January was the most stable month, with a tight range of 0.0005 AZN (High: 0.0194 / Low: 0.0189).

September Spread (Volatile) ±0.0023

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0238) against the same month in 2022 (average: 0.0193), the exchange rate shifted by +0.0045 (+23.14%).

2023 Avg (November) 0.0238

2022 Avg (November) 0.0193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0194	0.0189	0.0191
February	0.0194	0.0187	0.0190
March	0.0199	0.0190	0.0194
April	0.0199	0.0186	0.0196
May	0.0197	0.0191	0.0194
June	0.0200	0.0194	0.0196
July	0.0200	0.0194	0.0196
August	0.0209	0.0196	0.0201
September	0.0232	0.0209	0.0218
October	0.0232	0.0217	0.0225
November	0.0247	0.0229	0.0238
December	0.0245	0.0240	0.0243