2023 AZN to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AZN to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AZN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 125.2739. Conversely, the yearly low was recorded on November 5, dropping to 122.0582.
This high-to-low spread represents a total annual volatility of 3.2158 GYD. From a start-to-finish perspective, comparing the January average rate of 123.3493 to the December average rate of 123.2285, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 125.2739 was up 0.82% compared to the 2022 peak of 124.2563, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AZN to GYD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 124.0759, compared to 123.1414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9345 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 2.1699 GYD (High: 124.2281 / Low: 122.0582). On the other end, May was the most stable month, with a tight range of 0.6203 GYD (High: 124.6447 / Low: 124.0244).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.9621 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 124.1329) against the same month in 2022 (average: 123.0363), the exchange rate shifted by +1.0966 (+0.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.2241 | 122.6518 | 123.3493 |
| February | 125.2739 | 123.4160 | 124.1329 |
| March | 124.2524 | 122.3833 | 123.9110 |
| April | 124.5722 | 123.5521 | 124.3327 |
| May | 124.6447 | 124.0244 | 124.3508 |
| June | 124.8859 | 123.6448 | 124.3789 |
| July | 124.4675 | 122.6838 | 123.4167 |
| August | 124.1301 | 122.2825 | 123.1237 |
| September | 123.3314 | 122.6291 | 123.0558 |
| October | 123.4351 | 122.5183 | 123.0410 |
| November | 124.2281 | 122.0582 | 122.9825 |
| December | 123.8371 | 123.0507 | 123.2285 |