2023 AOA to AFN Historical Review

YEARLY HIGH

0.1806 AFN

YEARLY LOW

0.0830 AFN

YEARLY AVERAGE

0.1292 AFN

2023 AOA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1806. Conversely, the yearly low was recorded on November 18, dropping to 0.0830.

This high-to-low spread represents a total annual volatility of 0.0976 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1764 to the December average rate of 0.0842, the exchange rate registered a net change of -52.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1806 was down 18.00% compared to the 2022 peak of 0.2203, 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 903 AFN

2022 Average 982 AFN

Yearly Trough Low 415 AFN

Transaction Impact: A difference of 488.10 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1869

0.0748

JanuMarcMayJulySeptNove

AOA to AFN 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 0.1647, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0708 points.

H1 Avg (Jan–Jun) 0.1647

H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0430 AFN (High: 0.1479 / Low: 0.1049). On the other end, December was the most stable month, with a tight range of 0.0022 AFN (High: 0.0854 / Low: 0.0832).

June Spread (Volatile) ±0.0430

December Spread (Stable) ±0.0022

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 0.0404 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1707) against the same month in 2022 (average: 0.2066), the exchange rate shifted by -0.0359 (-17.39%).

2023 Avg (April) 0.1707

2022 Avg (April) 0.2066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1787	0.1741	0.1764
February	0.1803	0.1734	0.1775
March	0.1776	0.1685	0.1732
April	0.1806	0.1685	0.1707
May	0.1745	0.1502	0.1653
June	0.1479	0.1049	0.1249
July	0.1063	0.1032	0.1049
August	0.1048	0.0984	0.1022
September	0.0987	0.0886	0.0941
October	0.0947	0.0884	0.0912
November	0.0896	0.0830	0.0861
December	0.0854	0.0832	0.0842