YEARLY HIGH
0.0140 DKK
YEARLY LOW
0.0080 DKK
YEARLY AVERAGE
0.0106 DKK

2023 AOA to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0140. Conversely, the yearly low was recorded on July 13, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0060 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0082, the exchange rate registered a net change of -39.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0140 was down 21.78% compared to the 2022 peak of 0.0179, 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 70 DKK
2022 Average 78 DKK
Yearly Trough Low 40 DKK
Transaction Impact: A difference of 29.99 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0143
0.0076
JanuMarcMayJulySeptNove

AOA to DKK 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 0.0129, compared to 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0035 DKK (High: 0.0117 / Low: 0.0083). On the other end, October was the most stable month, with a tight range of 0.0002 DKK (High: 0.0086 / Low: 0.0084).

June Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0002

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 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0137) against the same month in 2022 (average: 0.0122), the exchange rate shifted by +0.0015 (+11.98%).

2023 Avg (January) 0.0137
2022 Avg (January) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0135 0.0137
February 0.0140 0.0134 0.0138
March 0.0139 0.0135 0.0137
April 0.0136 0.0132 0.0134
May 0.0135 0.0119 0.0130
June 0.0117 0.0083 0.0099
July 0.0083 0.0080 0.0082
August 0.0084 0.0082 0.0083
September 0.0086 0.0084 0.0084
October 0.0086 0.0084 0.0085
November 0.0085 0.0082 0.0083
December 0.0083 0.0081 0.0082