2023 SAR to AZN Historical Review

YEARLY HIGH

0.4547 AZN

YEARLY LOW

0.4520 AZN

YEARLY AVERAGE

0.4532 AZN

2023 SAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.4547. Conversely, the yearly low was recorded on December 17, dropping to 0.4520.

This high-to-low spread represents a total annual volatility of 0.0028 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4526 to the December average rate of 0.4532, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4547 was up 0.29% compared to the 2022 peak of 0.4534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,274 AZN

2022 Average 2,264 AZN

Yearly Trough Low 2,260 AZN

Transaction Impact: A difference of 13.85 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4535

0.4525

JanuMarcMayJulySeptNove

SAR 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 0.4531, compared to 0.4533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4531

H2 Avg (Jul–Dec) 0.4533

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0017 AZN (High: 0.4537 / Low: 0.4520). On the other end, May was the most stable month, with a tight range of 0.0003 AZN (High: 0.4534 / Low: 0.4531).

December Spread (Volatile) ±0.0017

May Spread (Stable) ±0.0003

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 February and March, 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: 0.4534) against the same month in 2022 (average: 0.4523), the exchange rate shifted by +0.0011 (+0.25%).

2023 Avg (November) 0.4534

2022 Avg (November) 0.4523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4531	0.4520	0.4526
February	0.4536	0.4530	0.4531
March	0.4540	0.4525	0.4528
April	0.4533	0.4530	0.4532
May	0.4534	0.4531	0.4533
June	0.4547	0.4532	0.4533
July	0.4547	0.4530	0.4533
August	0.4537	0.4531	0.4532
September	0.4538	0.4532	0.4533
October	0.4539	0.4530	0.4532
November	0.4547	0.4531	0.4534
December	0.4537	0.4520	0.4532