2023 NZD to AZN Historical Review

YEARLY HIGH

1.1076 AZN

YEARLY LOW

0.9847 AZN

YEARLY AVERAGE

1.0443 AZN

2023 NZD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.1076. Conversely, the yearly low was recorded on October 25, dropping to 0.9847.

This high-to-low spread represents a total annual volatility of 0.1229 AZN. From a start-to-finish perspective, comparing the January average rate of 1.0890 to the December average rate of 1.0589, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1076 was down 6.60% compared to the 2022 peak of 1.1858, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,538 AZN

2022 Average 5,405 AZN

Yearly Trough Low 4,923 AZN

Transaction Impact: A difference of 614.73 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0977

0.9935

JanuMarcMayJulySeptNove

NZD 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 1.0611, compared to 1.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 1.0611

H2 Avg (Jul–Dec) 1.0275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0620 AZN (High: 1.1076 / Low: 1.0456). On the other end, September was the most stable month, with a tight range of 0.0212 AZN (High: 1.0191 / Low: 0.9979).

February Spread (Volatile) ±0.0620

September Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0401 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0677) against the same month in 2022 (average: 1.1347), the exchange rate shifted by -0.0670 (-5.91%).

2023 Avg (February) 1.0677

2022 Avg (February) 1.1347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1041	1.0585	1.0890
February	1.1076	1.0456	1.0677
March	1.0664	1.0371	1.0554
April	1.0740	1.0405	1.0557
May	1.0830	1.0240	1.0553
June	1.0599	1.0271	1.0432
July	1.0866	1.0423	1.0581
August	1.0437	1.0033	1.0180
September	1.0191	0.9979	1.0078
October	1.0270	0.9847	1.0022
November	1.0467	0.9994	1.0199
December	1.0791	1.0408	1.0589