2023 AZN to UAH Historical Review

YEARLY HIGH

22.5060 UAH

YEARLY LOW

21.0964 UAH

YEARLY AVERAGE

21.6439 UAH

2023 AZN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 22.5060. Conversely, the yearly low was recorded on November 11, dropping to 21.0964.

This high-to-low spread represents a total annual volatility of 1.4096 UAH. From a start-to-finish perspective, comparing the January average rate of 21.6230 to the December average rate of 21.8805, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.5060 was up 2.95% compared to the 2022 peak of 21.8619, 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 112,530 UAH

2022 Average 96,002 UAH

Yearly Trough Low 105,482 UAH

Transaction Impact: A difference of 7,047.99 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.9440

21.1820

JanuMarcMayJulySeptNove

AZN to UAH 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 21.6709, compared to 21.6168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0541 points.

H1 Avg (Jan–Jun) 21.6709

H2 Avg (Jul–Dec) 21.6168

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 1.0485 UAH (High: 22.5060 / Low: 21.4575). On the other end, September was the most stable month, with a tight range of 0.1475 UAH (High: 21.7711 / Low: 21.6237).

December Spread (Volatile) ±1.0485

September Spread (Stable) ±0.1475

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.2447 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.8805) against the same month in 2022 (average: 21.6824), the exchange rate shifted by +0.1981 (+0.91%).

2023 Avg (December) 21.8805

2022 Avg (December) 21.6824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.7389	21.5420	21.6230
February	21.9280	21.4928	21.6507
March	21.7427	21.4210	21.6688
April	21.7418	21.4314	21.6572
May	21.7658	21.5869	21.7046
June	21.8081	21.5903	21.7212
July	21.7620	21.5192	21.6701
August	21.8063	21.5869	21.7160
September	21.7711	21.6237	21.7168
October	21.7711	21.3179	21.4721
November	21.3981	21.0964	21.2455
December	22.5060	21.4575	21.8805