2023 AZN to QAR Historical Review

YEARLY HIGH

2.1662 QAR

YEARLY LOW

2.1171 QAR

YEARLY AVERAGE

2.1430 QAR

2023 AZN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.1662. Conversely, the yearly low was recorded on April 30, dropping to 2.1171.

This high-to-low spread represents a total annual volatility of 0.0491 QAR. From a start-to-finish perspective, comparing the January average rate of 2.1435 to the December average rate of 2.1439, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1662 was up 0.14% compared to the 2022 peak of 2.1631, 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 10,831 QAR

2022 Average 10,717 QAR

Yearly Trough Low 10,585 QAR

Transaction Impact: A difference of 245.51 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1458

2.1398

JanuMarcMayJulySeptNove

AZN to QAR 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 2.1437, compared to 2.1424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 2.1437

H2 Avg (Jul–Dec) 2.1424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0476 QAR (High: 2.1647 / Low: 2.1171). On the other end, May was the most stable month, with a tight range of 0.0034 QAR (High: 2.1442 / Low: 2.1408).

April Spread (Volatile) ±0.0476

May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0026 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.1453) against the same month in 2022 (average: 2.1422), the exchange rate shifted by +0.0031 (+0.15%).

2023 Avg (February) 2.1453

2022 Avg (February) 2.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1567	2.1411	2.1435
February	2.1662	2.1306	2.1453
March	2.1620	2.1222	2.1447
April	2.1647	2.1171	2.1444
May	2.1442	2.1408	2.1418
June	2.1532	2.1350	2.1423
July	2.1446	2.1342	2.1412
August	2.1527	2.1412	2.1436
September	2.1460	2.1409	2.1423
October	2.1479	2.1404	2.1430
November	2.1458	2.1294	2.1403
December	2.1495	2.1415	2.1439