2023 CNY to AZN Historical Review

YEARLY HIGH

0.2536 AZN

YEARLY LOW

0.2315 AZN

YEARLY AVERAGE

0.2405 AZN

2023 CNY to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2536. Conversely, the yearly low was recorded on September 9, dropping to 0.2315.

This high-to-low spread represents a total annual volatility of 0.0221 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2503 to the December average rate of 0.2388, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2536 was down 5.87% compared to the 2022 peak of 0.2694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 6,341 AZN

2022 Average 6,327 AZN

Yearly Trough Low 5,788 AZN

Transaction Impact: A difference of 552.71 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2520

0.2314

JanuMarcMayJulySeptNove

CNY 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 0.2455, compared to 0.2355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.2455

H2 Avg (Jul–Dec) 0.2355

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0081 AZN (High: 0.2525 / Low: 0.2444). On the other end, April was the most stable month, with a tight range of 0.0023 AZN (High: 0.2475 / Low: 0.2452).

February Spread (Volatile) ±0.0081

April Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2503) against the same month in 2022 (average: 0.2675), the exchange rate shifted by -0.0171 (-6.41%).

2023 Avg (January) 0.2503

2022 Avg (January) 0.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2536	0.2458	0.2503
February	0.2525	0.2444	0.2484
March	0.2493	0.2441	0.2467
April	0.2475	0.2452	0.2469
May	0.2461	0.2390	0.2433
June	0.2400	0.2344	0.2377
July	0.2393	0.2344	0.2366
August	0.2381	0.2329	0.2348
September	0.2347	0.2315	0.2331
October	0.2371	0.2323	0.2337
November	0.2403	0.2323	0.2360
December	0.2404	0.2369	0.2388