YEARLY HIGH
0.1970 AZN
YEARLY LOW
0.1925 AZN
YEARLY AVERAGE
0.1944 AZN

2023 SVC to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1970. Conversely, the yearly low was recorded on February 5, dropping to 0.1925.

This high-to-low spread represents a total annual volatility of 0.0045 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1943 to the December average rate of 0.1941, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1970 was up 0.22% compared to the 2022 peak of 0.1966, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 985 AZN
2022 Average 971 AZN
Yearly Trough Low 962 AZN
Transaction Impact: A difference of 22.73 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1947
0.1940
JanuMarcMayJulySeptNove

SVC 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 0.1944, compared to 0.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1944
H2 Avg (Jul–Dec) 0.1944

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0030 AZN (High: 0.1970 / Low: 0.1941). On the other end, January was the most stable month, with a tight range of 0.0009 AZN (High: 0.1949 / Low: 0.1941).

March Spread (Volatile) ±0.0030
January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1946) against the same month in 2022 (average: 0.1943), the exchange rate shifted by +0.0004 (+0.18%).

2023 Avg (March) 0.1946
2022 Avg (March) 0.1943

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1949 0.1941 0.1943
February 0.1954 0.1925 0.1943
March 0.1970 0.1941 0.1946
April 0.1969 0.1940 0.1945
May 0.1949 0.1939 0.1944
June 0.1955 0.1936 0.1943
July 0.1961 0.1940 0.1945
August 0.1955 0.1936 0.1943
September 0.1950 0.1939 0.1943
October 0.1952 0.1939 0.1944
November 0.1959 0.1941 0.1946
December 0.1944 0.1932 0.1941