2023 AOA to BGN Historical Review

YEARLY HIGH

0.0037 BGN

YEARLY LOW

0.0021 BGN

YEARLY AVERAGE

0.0028 BGN

2023 AOA to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0037. Conversely, the yearly low was recorded on July 13, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0016 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0022, the exchange rate registered a net change of -40.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0037 was down 21.89% compared to the 2022 peak of 0.0047, 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 18 BGN

2022 Average 20 BGN

Yearly Trough Low 11 BGN

Transaction Impact: A difference of 7.91 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038

0.0020

JanuMarcMayJulySeptNove

AOA to BGN 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 0.0034, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0009 BGN (High: 0.0031 / Low: 0.0022). On the other end, October was the most stable month, with a tight range of 0.0000 BGN (High: 0.0023 / Low: 0.0022).

June Spread (Volatile) ±0.0009

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0036) against the same month in 2022 (average: 0.0032), the exchange rate shifted by +0.0004 (+12.01%).

2023 Avg (January) 0.0036

2022 Avg (January) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0036	0.0036
February	0.0037	0.0036	0.0036
March	0.0037	0.0035	0.0036
April	0.0035	0.0035	0.0035
May	0.0035	0.0031	0.0034
June	0.0031	0.0022	0.0026
July	0.0022	0.0021	0.0021
August	0.0022	0.0022	0.0022
September	0.0022	0.0022	0.0022
October	0.0023	0.0022	0.0022
November	0.0022	0.0021	0.0022
December	0.0022	0.0021	0.0022