YEARLY HIGH
0.1335 AZN
YEARLY LOW
0.1200 AZN
YEARLY AVERAGE
0.1266 AZN

2023 SCR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.1335. Conversely, the yearly low was recorded on July 21, dropping to 0.1200.

This high-to-low spread represents a total annual volatility of 0.0136 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1256 to the December average rate of 0.1266, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1335 was down 0.50% compared to the 2022 peak of 0.1342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 668 AZN
2022 Average 628 AZN
Yearly Trough Low 600 AZN
Transaction Impact: A difference of 67.88 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1299
0.1236
JanuMarcMayJulySeptNove

SCR 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 0.1256, compared to 0.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1256
H2 Avg (Jul–Dec) 0.1275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0115 AZN (High: 0.1317 / Low: 0.1202). On the other end, August was the most stable month, with a tight range of 0.0048 AZN (High: 0.1293 / Low: 0.1244).

January Spread (Volatile) ±0.0115
August Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0019 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1294) against the same month in 2022 (average: 0.1268), the exchange rate shifted by +0.0026 (+2.04%).

2023 Avg (September) 0.1294
2022 Avg (September) 0.1268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1317 0.1202 0.1256
February 0.1305 0.1200 0.1255
March 0.1307 0.1208 0.1264
April 0.1316 0.1211 0.1259
May 0.1295 0.1208 0.1260
June 0.1295 0.1200 0.1241
July 0.1306 0.1200 0.1273
August 0.1293 0.1244 0.1271
September 0.1335 0.1248 0.1294
October 0.1334 0.1230 0.1276
November 0.1304 0.1239 0.1273
December 0.1317 0.1216 0.1266