2022 AFN to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AFN to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 5.8659. Conversely, the yearly low was recorded on May 18, dropping to 4.5391.
This high-to-low spread represents a total annual volatility of 1.3268 AOA. From a start-to-finish perspective, comparing the January average rate of 5.1440 to the December average rate of 5.7687, the exchange rate registered a net change of 12.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 5.8659 was down 31.18% compared to the 2021 peak of 8.5238, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
AFN to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.0444, compared to 5.1949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1506 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.6859 AOA (High: 5.5832 / Low: 4.8972). On the other end, September was the most stable month, with a tight range of 0.1395 AOA (High: 4.9548 / Low: 4.8153).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 5.7687) against the same month in 2021 (average: 5.5452), the exchange rate shifted by +0.2235 (+4.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.3417 | 5.0229 | 5.1440 |
| February | 5.7199 | 5.2670 | 5.5180 |
| March | 5.4786 | 5.0615 | 5.2557 |
| April | 5.0520 | 4.6611 | 4.8434 |
| May | 4.7570 | 4.5391 | 4.6689 |
| June | 4.8882 | 4.7407 | 4.8362 |
| July | 4.9201 | 4.7735 | 4.8561 |
| August | 4.8784 | 4.7279 | 4.8070 |
| September | 4.9548 | 4.8153 | 4.8619 |
| October | 5.5832 | 4.8972 | 5.1847 |
| November | 5.8500 | 5.5186 | 5.6912 |
| December | 5.8659 | 5.7234 | 5.7687 |