2023 AZN to NAD Historical Review

YEARLY HIGH

11.8824 NAD

YEARLY LOW

9.8912 NAD

YEARLY AVERAGE

10.8815 NAD

2023 AZN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 11.8824. Conversely, the yearly low was recorded on January 12, dropping to 9.8912.

This high-to-low spread represents a total annual volatility of 1.9912 NAD. From a start-to-finish perspective, comparing the January average rate of 10.0467 to the December average rate of 10.9915, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.8824 was up 9.60% compared to the 2022 peak of 10.8412, 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 59,412 NAD

2022 Average 47,969 NAD

Yearly Trough Low 49,456 NAD

Transaction Impact: A difference of 9,955.88 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.4562

9.9186

JanuMarcMayJulySeptNove

AZN to NAD 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 10.7087, compared to 11.0543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3456 points.

H1 Avg (Jan–Jun) 10.7087

H2 Avg (Jul–Dec) 11.0543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.0706 NAD (High: 11.7765 / Low: 10.7059). On the other end, January was the most stable month, with a tight range of 0.2735 NAD (High: 10.1647 / Low: 9.8912).

November Spread (Volatile) ±1.0706

January Spread (Stable) ±0.2735

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 0.3011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.3280) against the same month in 2022 (average: 10.6487), the exchange rate shifted by +0.6794 (+6.38%).

2023 Avg (October) 11.3280

2022 Avg (October) 10.6487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1647	9.8912	10.0467
February	10.8353	10.0294	10.5181
March	10.9412	10.5176	10.7495
April	10.8941	10.4294	10.6922
May	11.6000	10.7471	11.2275
June	11.6000	10.6941	11.0184
July	11.0882	10.3706	10.7326
August	11.6647	10.7529	11.0860
September	11.3059	11.0294	11.1609
October	11.8824	11.0412	11.3280
November	11.7765	10.7059	11.0269
December	11.2294	10.7529	10.9915