YEARLY HIGH
0.0033 AZN
YEARLY LOW
0.0029 AZN
YEARLY AVERAGE
0.0031 AZN

2023 CRC to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0033. Conversely, the yearly low was recorded on January 2, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0004 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0032, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0033 was up 11.86% compared to the 2022 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 AZN
2022 Average 13 AZN
Yearly Trough Low 14 AZN
Transaction Impact: A difference of 1.99 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0033
0.0029
JanuMarcMayJulySeptNove

CRC 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 0.0031, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 AZN (High: 0.0031 / Low: 0.0029). On the other end, June was the most stable month, with a tight range of 0.0000 AZN (High: 0.0032 / Low: 0.0031).

January Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0032) against the same month in 2022 (average: 0.0029), the exchange rate shifted by +0.0004 (+12.27%).

2023 Avg (December) 0.0032
2022 Avg (December) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0031 0.0029 0.0030
February 0.0031 0.0029 0.0030
March 0.0032 0.0030 0.0031
April 0.0032 0.0031 0.0032
May 0.0032 0.0031 0.0032
June 0.0032 0.0031 0.0031
July 0.0032 0.0031 0.0031
August 0.0032 0.0031 0.0032
September 0.0032 0.0032 0.0032
October 0.0032 0.0032 0.0032
November 0.0032 0.0032 0.0032
December 0.0033 0.0032 0.0032