2023 SRD to AZN Historical Review

YEARLY HIGH

0.0539 AZN

YEARLY LOW

0.0440 AZN

YEARLY AVERAGE

0.0466 AZN

2023 SRD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0539. Conversely, the yearly low was recorded on July 31, dropping to 0.0440.

This high-to-low spread represents a total annual volatility of 0.0099 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.0455, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0539 was down 35.66% compared to the 2022 peak of 0.0837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 269 AZN

2022 Average 359 AZN

Yearly Trough Low 220 AZN

Transaction Impact: A difference of 49.26 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0543

0.0435

JanuMarcMayJulySeptNove

SRD 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 0.0486, compared to 0.0447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0486

H2 Avg (Jul–Dec) 0.0447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0036 AZN (High: 0.0507 / Low: 0.0471). On the other end, November was the most stable month, with a tight range of 0.0004 AZN (High: 0.0450 / Low: 0.0446).

March Spread (Volatile) ±0.0036

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0534) against the same month in 2022 (average: 0.0804), the exchange rate shifted by -0.0269 (-33.50%).

2023 Avg (January) 0.0534

2022 Avg (January) 0.0804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0539	0.0525	0.0534
February	0.0531	0.0502	0.0518
March	0.0507	0.0471	0.0492
April	0.0475	0.0454	0.0462
May	0.0458	0.0449	0.0455
June	0.0455	0.0444	0.0451
July	0.0459	0.0440	0.0448
August	0.0445	0.0441	0.0444
September	0.0447	0.0440	0.0444
October	0.0447	0.0443	0.0446
November	0.0450	0.0446	0.0448
December	0.0463	0.0449	0.0455