2023 GMD to AZN Historical Review

YEARLY HIGH

0.0287 AZN

YEARLY LOW

0.0252 AZN

YEARLY AVERAGE

0.0273 AZN

2023 GMD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0287. Conversely, the yearly low was recorded on December 16, dropping to 0.0252.

This high-to-low spread represents a total annual volatility of 0.0035 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0274 to the December average rate of 0.0252, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0287 was down 11.30% compared to the 2022 peak of 0.0323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143 AZN

2022 Average 154 AZN

Yearly Trough Low 126 AZN

Transaction Impact: A difference of 17.27 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0289

0.0249

JanuMarcMayJulySeptNove

GMD 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 0.0279, compared to 0.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0279

H2 Avg (Jul–Dec) 0.0268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0020 AZN (High: 0.0281 / Low: 0.0261). On the other end, June was the most stable month, with a tight range of 0.0002 AZN (High: 0.0287 / Low: 0.0285).

September Spread (Volatile) ±0.0020

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0286) against the same month in 2022 (average: 0.0314), the exchange rate shifted by -0.0028 (-9.05%).

2023 Avg (June) 0.0286

2022 Avg (June) 0.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0278	0.0272	0.0274
February	0.0279	0.0276	0.0278
March	0.0279	0.0273	0.0277
April	0.0284	0.0273	0.0275
May	0.0285	0.0282	0.0284
June	0.0287	0.0285	0.0286
July	0.0286	0.0283	0.0285
August	0.0282	0.0279	0.0281
September	0.0281	0.0261	0.0275
October	0.0264	0.0258	0.0259
November	0.0261	0.0253	0.0254
December	0.0254	0.0252	0.0252