YEARLY HIGH
4.1025 BOB
YEARLY LOW
4.0078 BOB
YEARLY AVERAGE
4.0631 BOB

2023 AZN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 4.1025. Conversely, the yearly low was recorded on March 19, dropping to 4.0078.

This high-to-low spread represents a total annual volatility of 0.0947 BOB. From a start-to-finish perspective, comparing the January average rate of 4.0647 to the December average rate of 4.0693, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.1025 was up 0.09% compared to the 2022 peak of 4.0988, 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 20,513 BOB
2022 Average 20,273 BOB
Yearly Trough Low 20,039 BOB
Transaction Impact: A difference of 473.69 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.0704
4.0571
JanuMarcMayJulySeptNove

AZN to BOB 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 4.0631, compared to 4.0631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 4.0631
H2 Avg (Jul–Dec) 4.0631

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0692 BOB (High: 4.0770 / Low: 4.0078). On the other end, January was the most stable month, with a tight range of 0.0173 BOB (High: 4.0683 / Low: 4.0510).

March Spread (Volatile) ±0.0692
January Spread (Stable) ±0.0173

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 February and March, when the average rate fell by 0.0069 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4.0652) against the same month in 2022 (average: 4.0482), the exchange rate shifted by +0.0170 (+0.42%).

2023 Avg (February) 4.0652
2022 Avg (February) 4.0482

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0683 4.0510 4.0647
February 4.1025 4.0418 4.0652
March 4.0770 4.0078 4.0583
April 4.0830 4.0367 4.0639
May 4.0725 4.0522 4.0630
June 4.0801 4.0397 4.0636
July 4.0819 4.0262 4.0604
August 4.0803 4.0361 4.0646
September 4.0734 4.0502 4.0637
October 4.0734 4.0468 4.0617
November 4.0684 4.0313 4.0591
December 4.0866 4.0616 4.0693