2023 QAR to AZN Historical Review

YEARLY HIGH

0.4723 AZN

YEARLY LOW

0.4616 AZN

YEARLY AVERAGE

0.4666 AZN

2023 QAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.4723. Conversely, the yearly low was recorded on February 5, dropping to 0.4616.

This high-to-low spread represents a total annual volatility of 0.0107 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4665 to the December average rate of 0.4664, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4723 was up 0.93% compared to the 2022 peak of 0.4680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,362 AZN

2022 Average 2,333 AZN

Yearly Trough Low 2,308 AZN

Transaction Impact: A difference of 53.54 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4673

0.4660

JanuMarcMayJulySeptNove

QAR 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 0.4665, compared to 0.4668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.4665

H2 Avg (Jul–Dec) 0.4668

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0104 AZN (High: 0.4723 / Low: 0.4620). On the other end, May was the most stable month, with a tight range of 0.0007 AZN (High: 0.4671 / Low: 0.4664).

April Spread (Volatile) ±0.0104

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4663) against the same month in 2022 (average: 0.4668), the exchange rate shifted by -0.0005 (-0.10%).

2023 Avg (April) 0.4663

2022 Avg (April) 0.4668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4671	0.4637	0.4665
February	0.4694	0.4616	0.4661
March	0.4712	0.4625	0.4663
April	0.4723	0.4620	0.4663
May	0.4671	0.4664	0.4669
June	0.4684	0.4644	0.4668
July	0.4686	0.4663	0.4670
August	0.4670	0.4645	0.4665
September	0.4671	0.4660	0.4668
October	0.4672	0.4656	0.4666
November	0.4696	0.4660	0.4672
December	0.4670	0.4652	0.4664