2023 AZN to AFN Historical Review

YEARLY HIGH

53.8235 AFN

YEARLY LOW

40.4242 AFN

YEARLY AVERAGE

48.6691 AFN

2023 AZN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 53.8235. Conversely, the yearly low was recorded on November 18, dropping to 40.4242.

This high-to-low spread represents a total annual volatility of 13.3994 AFN. From a start-to-finish perspective, comparing the January average rate of 52.2675 to the December average rate of 41.1473, the exchange rate registered a net change of -21.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.8235 was down 13.35% compared to the 2022 peak of 62.1164, 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 269,118 AFN

2022 Average 264,727 AFN

Yearly Trough Low 202,121 AFN

Transaction Impact: A difference of 66,996.77 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.8960

39.9883

JanuMarcMayJulySeptNove

AZN to AFN 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 51.6590, compared to 45.6792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.9798 points.

H1 Avg (Jan–Jun) 51.6590

H2 Avg (Jul–Dec) 45.6792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 4.7866 AFN (High: 47.9196 / Low: 43.1331). On the other end, December was the most stable month, with a tight range of 0.8705 AFN (High: 41.6295 / Low: 40.7591).

September Spread (Volatile) ±4.7866

December Spread (Stable) ±0.8705

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.8049 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.8049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 50.9618) against the same month in 2022 (average: 51.4587), the exchange rate shifted by -0.4969 (-0.97%).

2023 Avg (April) 50.9618

2022 Avg (April) 51.4587

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.9632	51.5795	52.2675
February	53.4726	51.6353	52.7370
March	52.6471	50.3244	51.5257
April	53.8235	50.1551	50.9618
May	52.2617	50.6794	51.4618
June	51.4778	50.0960	51.0000
July	51.5986	50.0798	50.9496
August	50.9604	47.7685	49.6621
September	47.9196	43.1331	45.8571
October	46.1185	43.1292	44.4306
November	43.7065	40.4242	42.0285
December	41.6295	40.7591	41.1473