YEARLY HIGH
1642.7630 CDF
YEARLY LOW
1192.3529 CDF
YEARLY AVERAGE
1373.5642 CDF

2023 AZN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1642.7630. Conversely, the yearly low was recorded on January 18, dropping to 1192.3529.

This high-to-low spread represents a total annual volatility of 450.4101 CDF. From a start-to-finish perspective, comparing the January average rate of 1205.1203 to the December average rate of 1601.4954, the exchange rate registered a net change of 32.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1642.7630 was up 35.08% compared to the 2022 peak of 1216.1547, 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 8,213,815 CDF
2022 Average 5,940,375 CDF
Yearly Trough Low 5,961,765 CDF
Transaction Impact: A difference of 2,252,050.29 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1641.1329
1165.4828
JanuMarcMayJulySeptNove

AZN to CDF 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 1255.7394, compared to 1491.3889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 235.6495 points.

H1 Avg (Jan–Jun) 1255.7394
H2 Avg (Jul–Dec) 1491.3889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 173.0488 CDF (High: 1373.5294 / Low: 1200.4806). On the other end, February was the most stable month, with a tight range of 21.5315 CDF (High: 1224.4727 / Low: 1202.9412).

May Spread (Volatile) ±173.0488
February Spread (Stable) ±21.5315

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: 1601.4954) against the same month in 2022 (average: 1203.2966), the exchange rate shifted by +398.1988 (+33.09%).

2023 Avg (December) 1601.4954
2022 Avg (December) 1203.2966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1218.1041 1192.3529 1205.1203
February 1224.4727 1202.9412 1213.2398
March 1227.5715 1202.9412 1216.2017
April 1285.0887 1203.5294 1224.2709
May 1373.5294 1200.4806 1287.3928
June 1413.1590 1367.6471 1388.2109
July 1500.0000 1413.1590 1452.2339
August 1464.9253 1435.2941 1456.6037
September 1472.3879 1445.7813 1461.0196
October 1527.9412 1453.5340 1481.3354
November 1601.6688 1447.4343 1495.6454
December 1642.7630 1567.6471 1601.4954