2023 AZN to BTN Historical Review

YEARLY HIGH

49.1866 BTN

YEARLY LOW

47.4864 BTN

YEARLY AVERAGE

48.5553 BTN

2023 AZN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 49.1866. Conversely, the yearly low was recorded on April 30, dropping to 47.4864.

This high-to-low spread represents a total annual volatility of 1.7002 BTN. From a start-to-finish perspective, comparing the January average rate of 48.1312 to the December average rate of 49.0130, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.1866 was up 0.65% compared to the 2022 peak of 48.8713, 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 245,933 BTN

2022 Average 231,127 BTN

Yearly Trough Low 237,432 BTN

Transaction Impact: A difference of 8,500.96 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.1011

48.0430

JanuMarcMayJulySeptNove

AZN to BTN 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 48.3302, compared to 48.7803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4501 points.

H1 Avg (Jan–Jun) 48.3302

H2 Avg (Jul–Dec) 48.7803

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.0984 BTN (High: 48.7845 / Low: 47.6861). On the other end, October was the most stable month, with a tight range of 0.2598 BTN (High: 48.9985 / Low: 48.7387).

January Spread (Volatile) ±1.0984

October Spread (Stable) ±0.2598

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2358 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 49.0130) against the same month in 2022 (average: 48.5085), the exchange rate shifted by +0.5045 (+1.04%).

2023 Avg (December) 49.0130

2022 Avg (December) 48.5085

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.7845	47.6861	48.1312
February	48.8180	48.1335	48.5845
March	48.7337	47.9002	48.3486
April	48.4569	47.4864	48.1729
May	48.7242	48.0246	48.4033
June	48.6296	47.9230	48.3409
July	48.6985	47.9327	48.2895
August	49.0527	48.3413	48.7113
September	48.9982	48.5968	48.8279
October	48.9985	48.7387	48.9121
November	49.0589	48.5552	48.9281
December	49.1866	48.8460	49.0130