2023 RSD to AZN Historical Review

YEARLY HIGH

0.0163 AZN

YEARLY LOW

0.0152 AZN

YEARLY AVERAGE

0.0157 AZN

2023 RSD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0163. Conversely, the yearly low was recorded on October 3, dropping to 0.0152.

This high-to-low spread represents a total annual volatility of 0.0011 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0158, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0163 was down 1.53% compared to the 2022 peak of 0.0166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82 AZN

2022 Average 76 AZN

Yearly Trough Low 76 AZN

Transaction Impact: A difference of 5.65 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0161

0.0152

JanuMarcMayJulySeptNove

RSD 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 0.0157, compared to 0.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0157

H2 Avg (Jul–Dec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0007 AZN (High: 0.0159 / Low: 0.0153). On the other end, October was the most stable month, with a tight range of 0.0003 AZN (High: 0.0155 / Low: 0.0152).

February Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0160) against the same month in 2022 (average: 0.0148), the exchange rate shifted by +0.0013 (+8.59%).

2023 Avg (July) 0.0160

2022 Avg (July) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0158	0.0152	0.0156
February	0.0159	0.0153	0.0155
March	0.0158	0.0153	0.0155
April	0.0161	0.0157	0.0159
May	0.0161	0.0155	0.0158
June	0.0159	0.0155	0.0157
July	0.0163	0.0157	0.0160
August	0.0160	0.0157	0.0158
September	0.0156	0.0152	0.0155
October	0.0155	0.0152	0.0153
November	0.0159	0.0154	0.0157
December	0.0161	0.0156	0.0158