2023 AZN to KWD Historical Review

YEARLY HIGH

0.1828 KWD

YEARLY LOW

0.1780 KWD

YEARLY AVERAGE

0.1808 KWD

2023 AZN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.1828. Conversely, the yearly low was recorded on March 18, dropping to 0.1780.

This high-to-low spread represents a total annual volatility of 0.0048 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1797 to the December average rate of 0.1811, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1828 was up 0.02% compared to the 2022 peak of 0.1828, 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 914 KWD

2022 Average 901 KWD

Yearly Trough Low 890 KWD

Transaction Impact: A difference of 24.11 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1821

0.1795

JanuMarcMayJulySeptNove

AZN to KWD 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 0.1803, compared to 0.1813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1803

H2 Avg (Jul–Dec) 0.1813

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0028 KWD (High: 0.1808 / Low: 0.1780). On the other end, August was the most stable month, with a tight range of 0.0008 KWD (High: 0.1816 / Low: 0.1809).

March Spread (Volatile) ±0.0028

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1819) against the same month in 2022 (average: 0.1824), the exchange rate shifted by -0.0005 (-0.26%).

2023 Avg (October) 0.1819

2022 Avg (October) 0.1824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1804	0.1792	0.1797
February	0.1806	0.1790	0.1800
March	0.1808	0.1780	0.1803
April	0.1810	0.1796	0.1802
May	0.1810	0.1800	0.1805
June	0.1810	0.1802	0.1807
July	0.1808	0.1798	0.1804
August	0.1816	0.1809	0.1811
September	0.1819	0.1812	0.1816
October	0.1828	0.1816	0.1819
November	0.1818	0.1810	0.1814
December	0.1817	0.1805	0.1811