2023 AZN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AZN to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 866.5163. Conversely, the yearly low was recorded on November 4, dropping to 764.2952.
This high-to-low spread represents a total annual volatility of 102.2211 IQD. From a start-to-finish perspective, comparing the January average rate of 858.6353 to the December average rate of 770.9861, the exchange rate registered a net change of -10.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 866.5163 was up 0.21% compared to the 2022 peak of 864.6972, 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 IQD 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 829.0672, compared to 770.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 58.9684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 91.2307 IQD (High: 859.4118 / Low: 768.1810). On the other end, January was the most stable month, with a tight range of 3.6884 IQD (High: 859.3390 / Low: 855.6506).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 77.4283 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 858.6916) against the same month in 2022 (average: 858.4897), the exchange rate shifted by +0.2019 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 859.3390 | 855.6506 | 858.6353 |
| February | 866.5163 | 850.8678 | 858.6916 |
| March | 859.4233 | 846.5155 | 857.2449 |
| April | 859.4118 | 774.0938 | 853.4818 |
| May | 859.4118 | 768.1810 | 776.0535 |
| June | 772.9063 | 765.8277 | 770.2960 |
| July | 771.3610 | 764.6123 | 769.6880 |
| August | 776.5029 | 764.8423 | 770.4022 |
| September | 772.0169 | 767.5963 | 770.3151 |
| October | 771.7312 | 767.1898 | 770.0886 |
| November | 771.0623 | 764.2952 | 769.1125 |
| December | 774.7699 | 769.9414 | 770.9861 |