YEARLY HIGH
0.1346 AZN
YEARLY LOW
0.1227 AZN
YEARLY AVERAGE
0.1274 AZN

2023 BWP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1346. Conversely, the yearly low was recorded on October 5, dropping to 0.1227.

This high-to-low spread represents a total annual volatility of 0.0118 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1331 to the December average rate of 0.1259, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1346 was down 9.61% compared to the 2022 peak of 0.1489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BWP based on timing:

Yearly Peak High 673 AZN
2022 Average 689 AZN
Yearly Trough Low 614 AZN
Transaction Impact: A difference of 59.22 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1340
0.1228
JanuMarcMayJulySeptNove

BWP to AZN 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 0.1290, compared to 0.1257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1290
H2 Avg (Jul–Dec) 0.1257

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0064 AZN (High: 0.1340 / Low: 0.1276). On the other end, October was the most stable month, with a tight range of 0.0020 AZN (High: 0.1247 / Low: 0.1227).

February Spread (Volatile) ±0.0064
October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1331) against the same month in 2022 (average: 0.1464), the exchange rate shifted by -0.0134 (-9.12%).

2023 Avg (January) 0.1331
2022 Avg (January) 0.1464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1346 0.1318 0.1331
February 0.1340 0.1276 0.1299
March 0.1307 0.1268 0.1286
April 0.1307 0.1284 0.1295
May 0.1292 0.1233 0.1262
June 0.1285 0.1233 0.1265
July 0.1309 0.1253 0.1284
August 0.1286 0.1247 0.1260
September 0.1259 0.1233 0.1246
October 0.1247 0.1227 0.1238
November 0.1274 0.1246 0.1258
December 0.1271 0.1240 0.1259