2023 AZN to IRR Historical Review

YEARLY HIGH

24911.7647 IRR

YEARLY LOW

24413.0552 IRR

YEARLY AVERAGE

24833.6664 IRR

2023 AZN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 24911.7647. Conversely, the yearly low was recorded on March 24, dropping to 24413.0552.

This high-to-low spread represents a total annual volatility of 498.7095 IRR. From a start-to-finish perspective, comparing the January average rate of 24667.6150 to the December average rate of 24841.3188, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 24911.7647 was down 0.24% compared to the 2022 peak of 24970.5882, 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 124,558,824 IRR

2022 Average 124,317,921 IRR

Yearly Trough Low 122,065,276 IRR

Transaction Impact: A difference of 2,493,547.31 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24890.5203

24647.3509

JanuMarcMayJulySeptNove

AZN to IRR 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 24814.5050, compared to 24852.8279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.3229 points.

H1 Avg (Jan–Jun) 24814.5050

H2 Avg (Jul–Dec) 24852.8279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 454.5918 IRR (High: 24867.6471 / Low: 24413.0552). On the other end, October was the most stable month, with a tight range of 14.7059 IRR (High: 24860.2941 / Low: 24845.5882).

March Spread (Volatile) ±454.5918

October Spread (Stable) ±14.7059

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 37.6717 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -37.6717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 24834.5168) against the same month in 2022 (average: 24857.7381), the exchange rate shifted by -23.2213 (-0.09%).

2023 Avg (February) 24834.5168

2022 Avg (February) 24857.7381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24826.4706	24481.9475	24667.6150
February	24911.7647	24490.5882	24834.5168
March	24867.6471	24413.0552	24796.8451
April	24867.6471	24852.8388	24857.8397
May	24897.0588	24852.9412	24865.6546
June	24897.0588	24774.2610	24864.5587
July	24911.7647	24711.2353	24846.9259
August	24897.0588	24852.9412	24870.2562
September	24867.6471	24845.5882	24854.3137
October	24860.2941	24845.5882	24852.9412
November	24867.6471	24781.5907	24851.2113
December	24867.6471	24716.1765	24841.3188