2023 FJD to AZN Historical Review

YEARLY HIGH

0.7900 AZN

YEARLY LOW

0.7371 AZN

YEARLY AVERAGE

0.7627 AZN

2023 FJD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.7900. Conversely, the yearly low was recorded on November 13, dropping to 0.7371.

This high-to-low spread represents a total annual volatility of 0.0529 AZN. From a start-to-finish perspective, comparing the January average rate of 0.7806 to the December average rate of 0.7674, the exchange rate registered a net change of -1.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7900 was down 3.25% compared to the 2022 peak of 0.8165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,950 AZN

2022 Average 3,886 AZN

Yearly Trough Low 3,685 AZN

Transaction Impact: A difference of 264.34 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7841

0.7416

JanuMarcMayJulySeptNove

FJD 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 0.7697, compared to 0.7557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.7697

H2 Avg (Jul–Dec) 0.7557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0269 AZN (High: 0.7640 / Low: 0.7371). On the other end, March was the most stable month, with a tight range of 0.0113 AZN (High: 0.7706 / Low: 0.7593).

November Spread (Volatile) ±0.0269

March Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0130 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7806) against the same month in 2022 (average: 0.7980), the exchange rate shifted by -0.0175 (-2.19%).

2023 Avg (January) 0.7806

2022 Avg (January) 0.7980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7900	0.7653	0.7806
February	0.7847	0.7660	0.7749
March	0.7706	0.7593	0.7666
April	0.7742	0.7599	0.7681
May	0.7752	0.7547	0.7641
June	0.7738	0.7512	0.7639
July	0.7801	0.7548	0.7666
August	0.7664	0.7403	0.7536
September	0.7522	0.7395	0.7486
October	0.7524	0.7395	0.7452
November	0.7640	0.7371	0.7526
December	0.7764	0.7590	0.7674