YEARLY HIGH
1.0700 ANG
YEARLY LOW
1.0453 ANG
YEARLY AVERAGE
1.0597 ANG

2023 AZN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.0700. Conversely, the yearly low was recorded on March 19, dropping to 1.0453.

This high-to-low spread represents a total annual volatility of 0.0247 ANG. From a start-to-finish perspective, comparing the January average rate of 1.0601 to the December average rate of 1.0612, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0700 was down 0.04% compared to the 2022 peak of 1.0704, 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 5,350 ANG
2022 Average 5,301 ANG
Yearly Trough Low 5,226 ANG
Transaction Impact: A difference of 123.50 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0615
1.0581
JanuMarcMayJulySeptNove

AZN to ANG 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 1.0596, compared to 1.0597 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) 1.0596
H2 Avg (Jul–Dec) 1.0597

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0160 ANG (High: 1.0613 / Low: 1.0453). On the other end, January was the most stable month, with a tight range of 0.0047 ANG (High: 1.0613 / Low: 1.0566).

March Spread (Volatile) ±0.0160
January Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between March and June, 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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0603) against the same month in 2022 (average: 1.0600), the exchange rate shifted by +0.0003 (+0.02%).

2023 Avg (February) 1.0603
2022 Avg (February) 1.0600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0613 1.0566 1.0601
February 1.0700 1.0542 1.0603
March 1.0613 1.0453 1.0584
April 1.0616 1.0462 1.0591
May 1.0635 1.0568 1.0599
June 1.0642 1.0536 1.0599
July 1.0620 1.0501 1.0588
August 1.0641 1.0534 1.0601
September 1.0625 1.0564 1.0599
October 1.0625 1.0554 1.0595
November 1.0613 1.0515 1.0588
December 1.0659 1.0593 1.0612