YEARLY HIGH
0.2074 AZN
YEARLY LOW
0.2001 AZN
YEARLY AVERAGE
0.2037 AZN

2023 SBD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.2074. Conversely, the yearly low was recorded on October 25, dropping to 0.2001.

This high-to-low spread represents a total annual volatility of 0.0073 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2057 to the December average rate of 0.2010, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2074 was down 2.48% compared to the 2022 peak of 0.2127, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,037 AZN
2022 Average 1,045 AZN
Yearly Trough Low 1,000 AZN
Transaction Impact: A difference of 36.52 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2072
0.2004
JanuMarcMayJulySeptNove

SBD 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 0.2053, compared to 0.2022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.2053
H2 Avg (Jul–Dec) 0.2022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0045 AZN (High: 0.2047 / Low: 0.2002). On the other end, August was the most stable month, with a tight range of 0.0008 AZN (High: 0.2036 / Low: 0.2028).

July Spread (Volatile) ±0.0045
August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2065) against the same month in 2022 (average: 0.2102), the exchange rate shifted by -0.0037 (-1.76%).

2023 Avg (February) 0.2065
2022 Avg (February) 0.2102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2070 0.2048 0.2057
February 0.2074 0.2056 0.2065
March 0.2073 0.2056 0.2066
April 0.2065 0.2040 0.2050
May 0.2048 0.2038 0.2042
June 0.2047 0.2035 0.2040
July 0.2047 0.2002 0.2032
August 0.2036 0.2028 0.2031
September 0.2031 0.2011 0.2024
October 0.2028 0.2001 0.2016
November 0.2031 0.2002 0.2015
December 0.2019 0.2002 0.2010