2023 AZN to BND Historical Review

YEARLY HIGH

0.8091 BND

YEARLY LOW

0.7684 BND

YEARLY AVERAGE

0.7897 BND

2023 AZN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8091. Conversely, the yearly low was recorded on February 2, dropping to 0.7684.

This high-to-low spread represents a total annual volatility of 0.0407 BND. From a start-to-finish perspective, comparing the January average rate of 0.7806 to the December average rate of 0.7837, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8091 was down 5.06% compared to the 2022 peak of 0.8522, 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 4,045 BND

2022 Average 4,055 BND

Yearly Trough Low 3,842 BND

Transaction Impact: A difference of 203.64 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8076

0.7781

JanuMarcMayJulySeptNove

AZN to BND 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 0.7856, compared to 0.7938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.7856

H2 Avg (Jul–Dec) 0.7938

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0252 BND (High: 0.7936 / Low: 0.7684). On the other end, October was the most stable month, with a tight range of 0.0088 BND (High: 0.8091 / Low: 0.8003).

February Spread (Volatile) ±0.0252

October Spread (Stable) ±0.0088

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 October and November, when the average rate fell by 0.0121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8051) against the same month in 2022 (average: 0.8390), the exchange rate shifted by -0.0338 (-4.03%).

2023 Avg (October) 0.8051

2022 Avg (October) 0.8390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7936	0.7719	0.7806
February	0.7936	0.7684	0.7835
March	0.7966	0.7790	0.7879
April	0.7866	0.7761	0.7825
May	0.7969	0.7791	0.7876
June	0.7963	0.7855	0.7915
July	0.7963	0.7748	0.7849
August	0.7991	0.7845	0.7944
September	0.8072	0.7943	0.8014
October	0.8091	0.8003	0.8051
November	0.8062	0.7834	0.7930
December	0.7906	0.7762	0.7837