2023 AZN to TRY Historical Review

YEARLY HIGH

17.3866 TRY

YEARLY LOW

10.9949 TRY

YEARLY AVERAGE

13.9952 TRY

2023 AZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 17.3866. Conversely, the yearly low was recorded on January 1, dropping to 10.9949.

This high-to-low spread represents a total annual volatility of 6.3917 TRY. From a start-to-finish perspective, comparing the January average rate of 11.0475 to the December average rate of 17.1179, the exchange rate registered a net change of 54.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.3866 was up 57.94% compared to the 2022 peak of 11.0082, 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 86,933 TRY

2022 Average 48,755 TRY

Yearly Trough Low 54,974 TRY

Transaction Impact: A difference of 31,958.51 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.7250

10.4404

JanuMarcMayJulySeptNove

AZN to TRY 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 11.7113, compared to 16.2791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5678 points.

H1 Avg (Jan–Jun) 11.7113

H2 Avg (Jul–Dec) 16.2791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 3.0516 TRY (High: 15.3462 / Low: 12.2946). On the other end, February was the most stable month, with a tight range of 0.0409 TRY (High: 11.1104 / Low: 11.0695).

June Spread (Volatile) ±3.0516

February Spread (Stable) ±0.0409

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 17.1179) against the same month in 2022 (average: 10.9722), the exchange rate shifted by +6.1457 (+56.01%).

2023 Avg (December) 17.1179

2022 Avg (December) 10.9722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0665	10.9949	11.0475
February	11.1104	11.0695	11.0878
March	11.2828	11.0731	11.1746
April	11.4430	11.2813	11.3784
May	12.2108	11.4481	11.6308
June	15.3462	12.2946	13.9487
July	15.8709	15.1445	15.5717
August	16.0068	15.2411	15.8338
September	16.1549	15.7062	15.8889
October	16.6514	16.1569	16.4053
November	17.0281	16.6636	16.8572
December	17.3866	16.9999	17.1179