2023 NAD to AZN Historical Review

YEARLY HIGH

0.1011 AZN

YEARLY LOW

0.0842 AZN

YEARLY AVERAGE

0.0920 AZN

2023 NAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1011. Conversely, the yearly low was recorded on October 28, dropping to 0.0842.

This high-to-low spread represents a total annual volatility of 0.0169 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0995 to the December average rate of 0.0910, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1011 was down 13.59% compared to the 2022 peak of 0.1170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 506 AZN

2022 Average 523 AZN

Yearly Trough Low 421 AZN

Transaction Impact: A difference of 84.71 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1007

0.0872

JanuMarcMayJulySeptNove

NAD 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 0.0935, compared to 0.0905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0935

H2 Avg (Jul–Dec) 0.0905

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0085 AZN (High: 0.0934 / Low: 0.0849). On the other end, September was the most stable month, with a tight range of 0.0022 AZN (High: 0.0907 / Low: 0.0884).

November Spread (Volatile) ±0.0085

September Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0995) against the same month in 2022 (average: 0.1097), the exchange rate shifted by -0.0101 (-9.24%).

2023 Avg (January) 0.0995

2022 Avg (January) 0.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1011	0.0984	0.0995
February	0.0997	0.0923	0.0951
March	0.0951	0.0914	0.0930
April	0.0959	0.0918	0.0935
May	0.0930	0.0862	0.0891
June	0.0935	0.0862	0.0908
July	0.0964	0.0902	0.0932
August	0.0930	0.0857	0.0902
September	0.0907	0.0884	0.0896
October	0.0906	0.0842	0.0883
November	0.0934	0.0849	0.0907
December	0.0930	0.0891	0.0910