YEARLY HIGH
0.1242 GMD
YEARLY LOW
0.0721 GMD
YEARLY AVERAGE
0.0956 GMD

2023 AOA to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.1242. Conversely, the yearly low was recorded on July 24, dropping to 0.0721.

This high-to-low spread represents a total annual volatility of 0.0521 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1231 to the December average rate of 0.0811, the exchange rate registered a net change of -34.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1242 was down 7.02% compared to the 2022 peak of 0.1335, 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 621 GMD
2022 Average 605 GMD
Yearly Trough Low 361 GMD
Transaction Impact: A difference of 260.27 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1282
0.0672
JanuMarcMayJulySeptNove

AOA to GMD 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 0.1143, compared to 0.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 0.1143
H2 Avg (Jul–Dec) 0.0769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0289 GMD (High: 0.1010 / Low: 0.0721). On the other end, July was the most stable month, with a tight range of 0.0005 GMD (High: 0.0726 / Low: 0.0721).

June Spread (Volatile) ±0.0289
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0273 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1231) against the same month in 2022 (average: 0.0982), the exchange rate shifted by +0.0249 (+25.34%).

2023 Avg (January) 0.1231
2022 Avg (January) 0.0982

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1242 0.1214 0.1231
February 0.1222 0.1204 0.1210
March 0.1227 0.1205 0.1213
April 0.1231 0.1177 0.1219
May 0.1184 0.1021 0.1129
June 0.1010 0.0721 0.0856
July 0.0726 0.0721 0.0723
August 0.0738 0.0730 0.0734
September 0.0785 0.0730 0.0746
October 0.0797 0.0777 0.0793
November 0.0813 0.0781 0.0806
December 0.0813 0.0807 0.0811