YEARLY HIGH
1.1749 CRC
YEARLY LOW
0.6256 CRC
YEARLY AVERAGE
0.8377 CRC

2023 AOA to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.1749. Conversely, the yearly low was recorded on December 27, dropping to 0.6256.

This high-to-low spread represents a total annual volatility of 0.5493 CRC. From a start-to-finish perspective, comparing the January average rate of 1.1408 to the December average rate of 0.6320, the exchange rate registered a net change of -44.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1749 was down 28.82% compared to the 2022 peak of 1.6507, 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 5,875 CRC
2022 Average 7,076 CRC
Yearly Trough Low 3,128 CRC
Transaction Impact: A difference of 2,746.49 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1917
0.5811
JanuMarcMayJulySeptNove

AOA to CRC 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 1.0310, compared to 0.6444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3866 points.

H1 Avg (Jan–Jun) 1.0310
H2 Avg (Jul–Dec) 0.6444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2570 CRC (High: 0.9147 / Low: 0.6577). On the other end, October was the most stable month, with a tight range of 0.0088 CRC (High: 0.6480 / Low: 0.6392).

June Spread (Volatile) ±0.2570
October Spread (Stable) ±0.0088

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 0.2385 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.2385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.1408) against the same month in 2022 (average: 1.1883), the exchange rate shifted by -0.0475 (-4.00%).

2023 Avg (January) 1.1408
2022 Avg (January) 1.1883

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1749 1.0953 1.1408
February 1.1536 1.0936 1.1192
March 1.1041 1.0588 1.0785
April 1.0717 1.0419 1.0552
May 1.0691 0.9249 1.0154
June 0.9147 0.6577 0.7769
July 0.6638 0.6476 0.6544
August 0.6615 0.6436 0.6517
September 0.6536 0.6380 0.6468
October 0.6480 0.6392 0.6425
November 0.6441 0.6324 0.6392
December 0.6380 0.6256 0.6320