2023 AOA to CVE Historical Review

YEARLY HIGH

0.2082 CVE

YEARLY LOW

0.1187 CVE

YEARLY AVERAGE

0.1573 CVE

2023 AOA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2082. Conversely, the yearly low was recorded on July 18, dropping to 0.1187.

This high-to-low spread represents a total annual volatility of 0.0895 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2034 to the December average rate of 0.1218, the exchange rate registered a net change of -40.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2082 was down 21.98% compared to the 2022 peak of 0.2668, 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 1,041 CVE

2022 Average 1,152 CVE

Yearly Trough Low 593 CVE

Transaction Impact: A difference of 447.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2124

0.1126

JanuMarcMayJulySeptNove

AOA to CVE 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 0.1914, compared to 0.1232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0682 points.

H1 Avg (Jan–Jun) 0.1914

H2 Avg (Jul–Dec) 0.1232

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0521 CVE (High: 0.1746 / Low: 0.1225). On the other end, October was the most stable month, with a tight range of 0.0023 CVE (High: 0.1274 / Low: 0.1251).

June Spread (Volatile) ±0.0521

October Spread (Stable) ±0.0023

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 0.0450 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2034) against the same month in 2022 (average: 0.1817), the exchange rate shifted by +0.0217 (+11.93%).

2023 Avg (January) 0.2034

2022 Avg (January) 0.1817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2082	0.2010	0.2034
February	0.2068	0.2001	0.2041
March	0.2068	0.2001	0.2037
April	0.2002	0.1957	0.1984
May	0.1990	0.1769	0.1920
June	0.1746	0.1225	0.1470
July	0.1230	0.1187	0.1209
August	0.1238	0.1212	0.1224
September	0.1265	0.1232	0.1247
October	0.1274	0.1251	0.1262
November	0.1261	0.1210	0.1232
December	0.1245	0.1198	0.1218