YEARLY HIGH
1477.9588 SYP
YEARLY LOW
1473.2799 SYP
YEARLY AVERAGE
1477.8810 SYP

2023 AZN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1477.9588. Conversely, the yearly low was recorded on November 11, dropping to 1473.2799.

This high-to-low spread represents a total annual volatility of 4.6790 SYP. From a start-to-finish perspective, comparing the January average rate of 1477.9420 to the December average rate of 1477.9588, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1477.9588 was down 0.04% compared to the 2022 peak of 1478.5168, 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 7,389,794 SYP
2022 Average 7,389,448 SYP
Yearly Trough Low 7,366,399 SYP
Transaction Impact: A difference of 23,394.82 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1477.9895
1477.6213
JanuMarcMayJulySeptNove

AZN to SYP 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 1477.8797, compared to 1477.8824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 1477.8797
H2 Avg (Jul–Dec) 1477.8824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.6790 SYP (High: 1477.9588 / Low: 1473.2799). On the other end, December was the most stable month, with a tight range of 0.0000 SYP (High: 1477.9588 / Low: 1477.9588).

March Spread (Volatile) ±4.6790
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1477.9420) against the same month in 2022 (average: 1477.8447), the exchange rate shifted by +0.0973 (+0.01%).

2023 Avg (January) 1477.9420
2022 Avg (January) 1477.8447

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1477.9588 1477.4374 1477.9420
February 1477.9588 1477.9588 1477.9588
March 1477.9588 1473.2799 1477.6568
April 1477.9588 1477.9527 1477.9586
May 1477.9588 1477.9588 1477.9588
June 1477.9588 1473.2799 1477.8029
July 1477.9588 1473.2799 1477.8073
August 1477.9588 1477.9588 1477.9588
September 1477.9588 1477.9588 1477.9588
October 1477.9588 1477.9588 1477.9588
November 1477.9588 1473.2799 1477.6520
December 1477.9588 1477.9588 1477.9588