2023 MVR to AZN Historical Review

YEARLY HIGH

0.1115 AZN

YEARLY LOW

0.1099 AZN

YEARLY AVERAGE

0.1106 AZN

2023 MVR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1115. Conversely, the yearly low was recorded on September 28, dropping to 0.1099.

This high-to-low spread represents a total annual volatility of 0.0016 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1105 to the December average rate of 0.1106, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1115 was up 0.16% compared to the 2022 peak of 0.1113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 557 AZN

2022 Average 551 AZN

Yearly Trough Low 549 AZN

Transaction Impact: A difference of 8.10 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1109

0.1102

JanuMarcMayJulySeptNove

MVR 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 0.1107, compared to 0.1105 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) 0.1107

H2 Avg (Jul–Dec) 0.1105

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0014 AZN (High: 0.1115 / Low: 0.1100). On the other end, February was the most stable month, with a tight range of 0.0001 AZN (High: 0.1108 / Low: 0.1107).

November Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1107) against the same month in 2022 (average: 0.1104), the exchange rate shifted by +0.0003 (+0.27%).

2023 Avg (November) 0.1107

2022 Avg (November) 0.1104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1109	0.1103	0.1105
February	0.1108	0.1107	0.1107
March	0.1112	0.1102	0.1106
April	0.1107	0.1103	0.1107
May	0.1111	0.1107	0.1108
June	0.1114	0.1107	0.1108
July	0.1114	0.1103	0.1106
August	0.1109	0.1104	0.1106
September	0.1106	0.1099	0.1103
October	0.1107	0.1103	0.1105
November	0.1115	0.1100	0.1107
December	0.1107	0.1104	0.1106