YEARLY HIGH
0.0097 AZN
YEARLY LOW
0.0095 AZN
YEARLY AVERAGE
0.0096 AZN

2023 DJF to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0097. Conversely, the yearly low was recorded on February 5, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0002 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0095, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0097 was up 0.21% compared to the 2022 peak of 0.0097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 AZN
2022 Average 48 AZN
Yearly Trough Low 47 AZN
Transaction Impact: A difference of 1.11 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0096
0.0095
JanuMarcMayJulySeptNove

DJF 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 0.0096, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0096
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 AZN (High: 0.0096 / Low: 0.0095). On the other end, January was the most stable month, with a tight range of 0.0000 AZN (High: 0.0096 / Low: 0.0095).

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

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0096) against the same month in 2022 (average: 0.0095), the exchange rate shifted by +0.0000 (+0.28%).

2023 Avg (March) 0.0096
2022 Avg (March) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0096 0.0095 0.0096
February 0.0096 0.0095 0.0096
March 0.0097 0.0095 0.0096
April 0.0097 0.0095 0.0096
May 0.0096 0.0095 0.0096
June 0.0096 0.0095 0.0096
July 0.0096 0.0096 0.0096
August 0.0096 0.0095 0.0096
September 0.0096 0.0095 0.0095
October 0.0096 0.0095 0.0096
November 0.0096 0.0095 0.0096
December 0.0096 0.0095 0.0095