YEARLY HIGH
0.0073 AED
YEARLY LOW
0.0044 AED
YEARLY AVERAGE
0.0057 AED

2023 AOA to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0073. Conversely, the yearly low was recorded on December 8, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0029 AED. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0044, the exchange rate registered a net change of -39.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0073 was down 19.91% compared to the 2022 peak of 0.0091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 AED
2022 Average 40 AED
Yearly Trough Low 22 AED
Transaction Impact: A difference of 14.44 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0076
0.0041
JanuMarcMayJulySeptNove

AOA to AED 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 0.0069, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0018 AED (High: 0.0062 / Low: 0.0044). On the other end, July was the most stable month, with a tight range of 0.0000 AED (High: 0.0045 / Low: 0.0044).

June Spread (Volatile) ±0.0018
July Spread (Stable) ±0.0000

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 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0073) against the same month in 2022 (average: 0.0068), the exchange rate shifted by +0.0005 (+6.70%).

2023 Avg (January) 0.0073
2022 Avg (January) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0073 0.0073
February 0.0073 0.0072 0.0073
March 0.0073 0.0072 0.0073
April 0.0073 0.0072 0.0072
May 0.0072 0.0063 0.0069
June 0.0062 0.0044 0.0053
July 0.0045 0.0044 0.0044
August 0.0045 0.0044 0.0044
September 0.0045 0.0044 0.0044
October 0.0044 0.0044 0.0044
November 0.0044 0.0044 0.0044
December 0.0044 0.0044 0.0044