2023 AZN to AED Historical Review

YEARLY HIGH

2.1606 AED

YEARLY LOW

2.1534 AED

YEARLY AVERAGE

2.1604 AED

2023 AZN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.1606. Conversely, the yearly low was recorded on March 24, dropping to 2.1534.

This high-to-low spread represents a total annual volatility of 0.0072 AED. From a start-to-finish perspective, comparing the January average rate of 2.1605 to the December average rate of 2.1603, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1606 was down 0.06% compared to the 2022 peak of 2.1619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,803 AED

2022 Average 10,803 AED

Yearly Trough Low 10,767 AED

Transaction Impact: A difference of 36.21 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1607

2.1599

JanuMarcMayJulySeptNove

AZN to AED 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 2.1603, compared to 2.1604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 2.1603

H2 Avg (Jul–Dec) 2.1604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0072 AED (High: 2.1606 / Low: 2.1534). On the other end, August was the most stable month, with a tight range of 0.0001 AED (High: 2.1606 / Low: 2.1606).

March Spread (Volatile) ±0.0072

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.1606) against the same month in 2022 (average: 2.1606), the exchange rate shifted by -0.0000 (-0.00%).

2023 Avg (February) 2.1606

2022 Avg (February) 2.1606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1606	2.1598	2.1605
February	2.1606	2.1605	2.1606
March	2.1606	2.1534	2.1600
April	2.1605	2.1600	2.1602
May	2.1606	2.1599	2.1601
June	2.1606	2.1538	2.1603
July	2.1606	2.1538	2.1604
August	2.1606	2.1606	2.1606
September	2.1606	2.1605	2.1606
October	2.1606	2.1606	2.1606
November	2.1606	2.1538	2.1600
December	2.1605	2.1601	2.1603