2023 AZN to ARS Historical Review

YEARLY HIGH

476.9525 ARS

YEARLY LOW

103.9579 ARS

YEARLY AVERAGE

173.6519 ARS

2023 AZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 476.9525. Conversely, the yearly low was recorded on January 1, dropping to 103.9579.

This high-to-low spread represents a total annual volatility of 372.9945 ARS. From a start-to-finish perspective, comparing the January average rate of 107.0803 to the December average rate of 371.7254, the exchange rate registered a net change of 247.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 476.9525 was up 357.74% compared to the 2022 peak of 104.1976, 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 2,384,762 ARS

2022 Average 384,374 ARS

Yearly Trough Low 519,790 ARS

Transaction Impact: A difference of 1,864,972.73 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

398.1899

80.6158

JanuMarcMayJulySeptNove

AZN to ARS 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 124.5495, compared to 222.7543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 98.2048 points.

H1 Avg (Jan–Jun) 124.5495

H2 Avg (Jul–Dec) 222.7543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 264.7912 ARS (High: 476.9525 / Low: 212.1613). On the other end, September was the most stable month, with a tight range of 0.3240 ARS (High: 205.9019 / Low: 205.5779).

December Spread (Volatile) ±264.7912

September Spread (Stable) ±0.3240

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 371.7254) against the same month in 2022 (average: 101.3506), the exchange rate shifted by +270.3748 (+266.77%).

2023 Avg (December) 371.7254

2022 Avg (December) 101.3506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	109.9992	103.9579	107.0803
February	115.9681	110.1603	112.8106
March	122.6878	116.2134	119.1154
April	130.5976	122.5821	126.5914
May	140.8625	130.7799	135.7394
June	150.7136	141.2744	145.9597
July	161.9324	149.9724	156.2709
August	205.9805	162.4625	189.0787
September	205.9019	205.5779	205.8188
October	206.7491	205.6537	205.8894
November	212.0412	204.2993	207.7426
December	476.9525	212.1613	371.7254