2023 AZN to SGD Historical Review

YEARLY HIGH

0.8080 SGD

YEARLY LOW

0.7679 SGD

YEARLY AVERAGE

0.7899 SGD

2023 AZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.8080. Conversely, the yearly low was recorded on February 1, dropping to 0.7679.

This high-to-low spread represents a total annual volatility of 0.0401 SGD. From a start-to-finish perspective, comparing the January average rate of 0.7792 to the December average rate of 0.7832, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8080 was down 4.53% compared to the 2022 peak of 0.8463, 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 4,040 SGD

2022 Average 4,055 SGD

Yearly Trough Low 3,839 SGD

Transaction Impact: A difference of 200.52 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8078

0.7766

JanuMarcMayJulySeptNove

AZN to SGD 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 0.7859, compared to 0.7939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.7859

H2 Avg (Jul–Dec) 0.7939

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0263 SGD (High: 0.7941 / Low: 0.7679). On the other end, October was the most stable month, with a tight range of 0.0064 SGD (High: 0.8080 / Low: 0.8016).

February Spread (Volatile) ±0.0263

October Spread (Stable) ±0.0064

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 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8052) against the same month in 2022 (average: 0.8375), the exchange rate shifted by -0.0322 (-3.85%).

2023 Avg (October) 0.8052

2022 Avg (October) 0.8375

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7916	0.7715	0.7792
February	0.7941	0.7679	0.7842
March	0.7968	0.7811	0.7886
April	0.7870	0.7778	0.7835
May	0.7969	0.7792	0.7882
June	0.7978	0.7863	0.7919
July	0.7961	0.7770	0.7852
August	0.8002	0.7851	0.7947
September	0.8076	0.7959	0.8020
October	0.8080	0.8016	0.8052
November	0.8038	0.7825	0.7929
December	0.7905	0.7762	0.7832