YEARLY HIGH
12210.7654 LAK
YEARLY LOW
9791.1249 LAK
YEARLY AVERAGE
10991.2863 LAK

2023 AZN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 12210.7654. Conversely, the yearly low was recorded on March 19, dropping to 9791.1249.

This high-to-low spread represents a total annual volatility of 2419.6405 LAK. From a start-to-finish perspective, comparing the January average rate of 9993.7744 to the December average rate of 12149.8079, the exchange rate registered a net change of 21.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12210.7654 was up 12.51% compared to the 2022 peak of 10852.9412, 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 61,053,827 LAK
2022 Average 42,005,741 LAK
Yearly Trough Low 48,955,625 LAK
Transaction Impact: A difference of 12,098,202.29 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12392.7084
9700.4271
JanuMarcMayJulySeptNove

AZN to LAK 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 10177.5573, compared to 11805.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1627.4580 points.

H1 Avg (Jan–Jun) 10177.5573
H2 Avg (Jul–Dec) 11805.0153

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 703.1034 LAK (High: 11129.8869 / Low: 10426.7835). On the other end, November was the most stable month, with a tight range of 117.4982 LAK (High: 12210.3218 / Low: 12092.8235).

June Spread (Volatile) ±703.1034
November Spread (Stable) ±117.4982

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 67.4717 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -67.4717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12149.8079) against the same month in 2022 (average: 10192.0304), the exchange rate shifted by +1957.7775 (+19.21%).

2023 Avg (December) 12149.8079
2022 Avg (December) 10192.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10203.7907 9890.6856 9993.7744
February 9998.8319 9826.6417 9926.3028
March 10002.9412 9791.1249 9924.7839
April 10200.0000 9968.5987 10085.0945
May 10446.4651 10162.5513 10324.5505
June 11129.8869 10426.7835 10810.8379
July 11339.7985 10997.4264 11238.0008
August 11557.4416 11232.3529 11436.7448
September 12019.5427 11573.5294 11720.7771
October 12202.8049 11987.8400 12116.4097
November 12210.3218 12092.8235 12168.3516
December 12210.7654 12081.3438 12149.8079