YEARLY HIGH
0.0210 AZN
YEARLY LOW
0.0204 AZN
YEARLY AVERAGE
0.0206 AZN

2023 INR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0210. Conversely, the yearly low was recorded on December 10, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0006 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0204, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0210 was down 8.77% compared to the 2022 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 5,250 AZN
2022 Average 5,413 AZN
Yearly Trough Low 5,094 AZN
Transaction Impact: A difference of 156.74 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0208
0.0204
JanuMarcMayJulySeptNove

INR 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 0.0207, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0207
H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 AZN (High: 0.0210 / Low: 0.0205). On the other end, November was the most stable month, with a tight range of 0.0001 AZN (High: 0.0205 / Low: 0.0204).

January Spread (Volatile) ±0.0005
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0208) against the same month in 2022 (average: 0.0228), the exchange rate shifted by -0.0020 (-8.89%).

2023 Avg (January) 0.0208
2022 Avg (January) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0210 0.0205 0.0208
February 0.0208 0.0205 0.0206
March 0.0208 0.0206 0.0207
April 0.0208 0.0206 0.0207
May 0.0208 0.0205 0.0207
June 0.0208 0.0206 0.0207
July 0.0208 0.0205 0.0207
August 0.0207 0.0204 0.0205
September 0.0206 0.0204 0.0205
October 0.0205 0.0204 0.0204
November 0.0205 0.0204 0.0204
December 0.0205 0.0204 0.0204