2023 AOA to BWP Historical Review

YEARLY HIGH

0.0265 BWP

YEARLY LOW

0.0157 BWP

YEARLY AVERAGE

0.0205 BWP

2023 AOA to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0265. Conversely, the yearly low was recorded on July 27, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0108 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0163, the exchange rate registered a net change of -35.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0265 was down 14.57% compared to the 2022 peak of 0.0310, 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 133 BWP

2022 Average 135 BWP

Yearly Trough Low 79 BWP

Transaction Impact: A difference of 53.81 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0271

0.0150

JanuMarcMayJulySeptNove

AOA to BWP 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 0.0247, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.0247

H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0071 BWP (High: 0.0234 / Low: 0.0163). On the other end, September was the most stable month, with a tight range of 0.0003 BWP (High: 0.0167 / Low: 0.0164).

June Spread (Volatile) ±0.0071

September Spread (Stable) ±0.0003

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 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0261) against the same month in 2022 (average: 0.0249), the exchange rate shifted by +0.0013 (+5.11%).

2023 Avg (March) 0.0261

2022 Avg (March) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0256	0.0251	0.0254
February	0.0265	0.0252	0.0259
March	0.0265	0.0256	0.0261
April	0.0261	0.0256	0.0259
May	0.0265	0.0236	0.0254
June	0.0234	0.0163	0.0194
July	0.0164	0.0157	0.0160
August	0.0165	0.0160	0.0163
September	0.0167	0.0164	0.0165
October	0.0168	0.0164	0.0166
November	0.0165	0.0161	0.0163
December	0.0165	0.0161	0.0163