2023 AOA to ARS Historical Review

YEARLY HIGH

0.9770 ARS

YEARLY LOW

0.3093 ARS

YEARLY AVERAGE

0.4250 ARS

2023 AOA to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9770. Conversely, the yearly low was recorded on July 2, dropping to 0.3093.

This high-to-low spread represents a total annual volatility of 0.6678 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3613 to the December average rate of 0.7605, the exchange rate registered a net change of 110.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9770 was up 177.83% compared to the 2022 peak of 0.3517, 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 4,885 ARS

2022 Average 1,428 ARS

Yearly Trough Low 1,546 ARS

Transaction Impact: A difference of 3,338.82 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8044

0.2780

JanuMarcMayJulySeptNove

AOA to ARS 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 0.3929, compared to 0.4571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0642 points.

H1 Avg (Jan–Jun) 0.3929

H2 Avg (Jul–Dec) 0.4571

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.5433 ARS (High: 0.9770 / Low: 0.4338). On the other end, October was the most stable month, with a tight range of 0.0025 ARS (High: 0.4242 / Low: 0.4217).

December Spread (Volatile) ±0.5433

October Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0793 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7605) against the same month in 2022 (average: 0.3415), the exchange rate shifted by +0.4190 (+122.69%).

2023 Avg (December) 0.7605

2022 Avg (December) 0.3415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3708	0.3509	0.3613
February	0.3916	0.3714	0.3798
March	0.4117	0.3901	0.4003
April	0.4369	0.4106	0.4240
May	0.4496	0.4103	0.4356
June	0.4074	0.3102	0.3563
July	0.3333	0.3093	0.3219
August	0.4245	0.3341	0.3892
September	0.4242	0.4210	0.4225
October	0.4242	0.4217	0.4228
November	0.4355	0.4172	0.4256
December	0.9770	0.4338	0.7605