YEARLY HIGH
0.0111 AZN
YEARLY LOW
0.0090 AZN
YEARLY AVERAGE
0.0098 AZN

2023 LRD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.0111. Conversely, the yearly low was recorded on December 31, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0021 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0109 to the December average rate of 0.0090, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0111 was down 5.33% compared to the 2022 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55 AZN
2022 Average 56 AZN
Yearly Trough Low 45 AZN
Transaction Impact: A difference of 10.35 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0111
0.0088
JanuMarcMayJulySeptNove

LRD 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 0.0105, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 AZN (High: 0.0111 / Low: 0.0105). On the other end, September was the most stable month, with a tight range of 0.0000 AZN (High: 0.0091 / Low: 0.0091).

March Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0005 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0107) against the same month in 2022 (average: 0.0111), the exchange rate shifted by -0.0004 (-3.64%).

2023 Avg (March) 0.0107
2022 Avg (March) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0111 0.0108 0.0109
February 0.0111 0.0107 0.0109
March 0.0111 0.0105 0.0107
April 0.0105 0.0103 0.0104
May 0.0103 0.0101 0.0102
June 0.0101 0.0094 0.0097
July 0.0095 0.0091 0.0093
August 0.0091 0.0091 0.0091
September 0.0091 0.0091 0.0091
October 0.0091 0.0091 0.0091
November 0.0091 0.0090 0.0091
December 0.0091 0.0090 0.0090