2023 AZN to XAF Historical Review

YEARLY HIGH

368.5535 XAF

YEARLY LOW

343.1813 XAF

YEARLY AVERAGE

356.5802 XAF

2023 AZN to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 368.5535. Conversely, the yearly low was recorded on July 14, dropping to 343.1813.

This high-to-low spread represents a total annual volatility of 25.3722 XAF. From a start-to-finish perspective, comparing the January average rate of 357.7049 to the December average rate of 353.2713, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 368.5535 was down 8.35% compared to the 2022 peak of 402.1099, 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 1,842,767 XAF

2022 Average 1,834,861 XAF

Yearly Trough Low 1,715,906 XAF

Transaction Impact: A difference of 126,861.06 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

366.8287

347.2980

JanuMarcMayJulySeptNove

AZN to XAF 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 356.6629, compared to 356.4975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1654 points.

H1 Avg (Jan–Jun) 356.6629

H2 Avg (Jul–Dec) 356.4975

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 16.6071 XAF (High: 360.7956 / Low: 344.1885). On the other end, October was the most stable month, with a tight range of 6.9475 XAF (High: 368.5535 / Low: 361.6059).

May Spread (Volatile) ±16.6071

October Spread (Stable) ±6.9475

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 March and April, when the average rate fell by 8.9115 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.9115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 365.2012) against the same month in 2022 (average: 392.3345), the exchange rate shifted by -27.1333 (-6.92%).

2023 Avg (October) 365.2012

2022 Avg (October) 392.3345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	366.7764	353.3328	357.7049
February	365.6222	350.3730	360.5613
March	365.7832	353.8528	360.0604
April	357.1263	346.7599	351.1489
May	360.7956	344.1885	354.6948
June	360.7203	351.0451	355.8073
July	355.4596	343.1813	348.9256
August	357.4410	349.9542	353.6841
September	367.2975	357.5618	361.3528
October	368.5535	361.6059	365.2012
November	364.4875	350.6447	356.5501
December	358.4284	347.3544	353.2713