YEARLY HIGH
0.6322 AZN
YEARLY LOW
0.6071 AZN
YEARLY AVERAGE
0.6224 AZN

2023 WST to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.6322. Conversely, the yearly low was recorded on December 31, dropping to 0.6071.

This high-to-low spread represents a total annual volatility of 0.0251 AZN. From a start-to-finish perspective, comparing the January average rate of 0.6302 to the December average rate of 0.6071, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6322 was down 4.08% compared to the 2022 peak of 0.6591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,161 AZN
2022 Average 3,180 AZN
Yearly Trough Low 3,036 AZN
Transaction Impact: A difference of 125.30 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6325
0.6048
JanuMarcMayJulySeptNove

WST 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 0.6270, compared to 0.6179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.6270
H2 Avg (Jul–Dec) 0.6179

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0182 AZN (High: 0.6253 / Low: 0.6071). On the other end, December was the most stable month, with a tight range of 0.0000 AZN (High: 0.6071 / Low: 0.6071).

October Spread (Volatile) ±0.0182
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.0110 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.6301) against the same month in 2022 (average: 0.6502), the exchange rate shifted by -0.0201 (-3.09%).

2023 Avg (March) 0.6301
2022 Avg (March) 0.6502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6304 0.6302 0.6302
February 0.6302 0.6302 0.6302
March 0.6322 0.6237 0.6301
April 0.6237 0.6237 0.6237
May 0.6237 0.6237 0.6237
June 0.6257 0.6237 0.6238
July 0.6257 0.6237 0.6240
August 0.6253 0.6253 0.6253
September 0.6253 0.6253 0.6253
October 0.6253 0.6071 0.6183
November 0.6091 0.6071 0.6073
December 0.6071 0.6071 0.6071