YEARLY HIGH
0.5301 EUR
YEARLY LOW
0.4934 EUR
YEARLY AVERAGE
0.5132 EUR

2023 AWG to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.5301. Conversely, the yearly low was recorded on July 14, dropping to 0.4934.

This high-to-low spread represents a total annual volatility of 0.0367 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5147 to the December average rate of 0.5083, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5301 was down 8.31% compared to the 2022 peak of 0.5782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,651 EUR
2022 Average 2,642 EUR
Yearly Trough Low 2,467 EUR
Transaction Impact: A difference of 183.44 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5279
0.4996
JanuMarcMayJulySeptNove

AWG to EUR 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 0.5132, compared to 0.5132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5132
H2 Avg (Jul–Dec) 0.5132

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0239 EUR (High: 0.5188 / Low: 0.4949). On the other end, October was the most stable month, with a tight range of 0.0102 EUR (High: 0.5301 / Low: 0.5199).

May Spread (Volatile) ±0.0239
October Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5255) against the same month in 2022 (average: 0.5646), the exchange rate shifted by -0.0390 (-6.91%).

2023 Avg (October) 0.5255
2022 Avg (October) 0.5646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5274 0.5080 0.5147
February 0.5264 0.5045 0.5189
March 0.5267 0.5088 0.5183
April 0.5142 0.4993 0.5052
May 0.5188 0.4949 0.5103
June 0.5187 0.5047 0.5120
July 0.5118 0.4934 0.5019
August 0.5146 0.5032 0.5089
September 0.5288 0.5148 0.5201
October 0.5301 0.5199 0.5255
November 0.5241 0.5049 0.5144
December 0.5161 0.4994 0.5083