2023 AZN to NZD Historical Review

YEARLY HIGH

1.0156 NZD

YEARLY LOW

0.9028 NZD

YEARLY AVERAGE

0.9583 NZD

2023 AZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 1.0156. Conversely, the yearly low was recorded on February 1, dropping to 0.9028.

This high-to-low spread represents a total annual volatility of 0.1127 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9184 to the December average rate of 0.9445, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0156 was down 3.97% compared to the 2022 peak of 1.0576, 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 5,078 NZD

2022 Average 4,640 NZD

Yearly Trough Low 4,514 NZD

Transaction Impact: A difference of 563.63 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0059

0.9104

JanuMarcMayJulySeptNove

AZN to NZD 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 0.9428, compared to 0.9739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.9428

H2 Avg (Jul–Dec) 0.9739

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0536 NZD (High: 0.9564 / Low: 0.9028). On the other end, September was the most stable month, with a tight range of 0.0208 NZD (High: 1.0021 / Low: 0.9812).

February Spread (Volatile) ±0.0536

September Spread (Stable) ±0.0208

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 November and December, when the average rate fell by 0.0362 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9980) against the same month in 2022 (average: 1.0343), the exchange rate shifted by -0.0363 (-3.51%).

2023 Avg (October) 0.9980

2022 Avg (October) 1.0343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9448	0.9057	0.9184
February	0.9564	0.9028	0.9368
March	0.9642	0.9377	0.9475
April	0.9611	0.9311	0.9473
May	0.9766	0.9234	0.9478
June	0.9737	0.9435	0.9587
July	0.9594	0.9203	0.9452
August	0.9967	0.9581	0.9825
September	1.0021	0.9812	0.9923
October	1.0156	0.9737	0.9980
November	1.0006	0.9554	0.9807
December	0.9608	0.9267	0.9445