YEARLY HIGH
0.0983 AZN
YEARLY LOW
0.0884 AZN
YEARLY AVERAGE
0.0940 AZN

2023 MDL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0983. Conversely, the yearly low was recorded on January 8, dropping to 0.0884.

This high-to-low spread represents a total annual volatility of 0.0099 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0895 to the December average rate of 0.0966, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0983 was up 2.63% compared to the 2022 peak of 0.0958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 491 AZN
2022 Average 451 AZN
Yearly Trough Low 442 AZN
Transaction Impact: A difference of 49.34 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0973
0.0888
JanuMarcMayJulySeptNove

MDL 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 0.0927, compared to 0.0952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0927
H2 Avg (Jul–Dec) 0.0952

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0056 AZN (High: 0.0983 / Low: 0.0927). On the other end, October was the most stable month, with a tight range of 0.0014 AZN (High: 0.0944 / Low: 0.0930).

July Spread (Volatile) ±0.0056
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0966) against the same month in 2022 (average: 0.0880), the exchange rate shifted by +0.0086 (+9.78%).

2023 Avg (December) 0.0966
2022 Avg (December) 0.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0908 0.0884 0.0895
February 0.0913 0.0898 0.0906
March 0.0929 0.0900 0.0914
April 0.0952 0.0929 0.0943
May 0.0963 0.0948 0.0957
June 0.0958 0.0932 0.0950
July 0.0983 0.0927 0.0950
August 0.0971 0.0954 0.0962
September 0.0956 0.0930 0.0946
October 0.0944 0.0930 0.0938
November 0.0962 0.0938 0.0953
December 0.0983 0.0948 0.0966