2023 AZN to BZD Historical Review

YEARLY HIGH

1.1967 BZD

YEARLY LOW

1.1691 BZD

YEARLY AVERAGE

1.1850 BZD

2023 AZN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.1967. Conversely, the yearly low was recorded on March 19, dropping to 1.1691.

This high-to-low spread represents a total annual volatility of 0.0276 BZD. From a start-to-finish perspective, comparing the January average rate of 1.1857 to the December average rate of 1.1869, 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 1.1967 was down 0.04% compared to the 2022 peak of 1.1972, 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 5,984 BZD

2022 Average 5,928 BZD

Yearly Trough Low 5,846 BZD

Transaction Impact: A difference of 138.14 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1874

1.1821

JanuMarcMayJulySeptNove

AZN to BZD 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 1.1848, compared to 1.1852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 1.1848

H2 Avg (Jul–Dec) 1.1852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0177 BZD (High: 1.1967 / Low: 1.1790). On the other end, January was the most stable month, with a tight range of 0.0050 BZD (High: 1.1867 / Low: 1.1817).

February Spread (Volatile) ±0.0177

January Spread (Stable) ±0.0050

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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.1858) against the same month in 2022 (average: 1.1855), the exchange rate shifted by +0.0003 (+0.02%).

2023 Avg (February) 1.1858

2022 Avg (February) 1.1855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1867	1.1817	1.1857
February	1.1967	1.1790	1.1858
March	1.1867	1.1691	1.1825
April	1.1873	1.1701	1.1845
May	1.1879	1.1820	1.1851
June	1.1902	1.1784	1.1854
July	1.1876	1.1745	1.1842
August	1.1902	1.1781	1.1857
September	1.1883	1.1815	1.1854
October	1.1883	1.1805	1.1849
November	1.1867	1.1760	1.1841
December	1.1921	1.1847	1.1869