YEARLY HIGH
0.1644 INR
YEARLY LOW
0.0990 INR
YEARLY AVERAGE
0.1271 INR

2023 AOA to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.1644. Conversely, the yearly low was recorded on July 24, dropping to 0.0990.

This high-to-low spread represents a total annual volatility of 0.0654 INR. From a start-to-finish perspective, comparing the January average rate of 0.1622 to the December average rate of 0.1002, the exchange rate registered a net change of -38.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1644 was down 14.36% compared to the 2022 peak of 0.1920, 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 822 INR
2022 Average 860 INR
Yearly Trough Low 495 INR
Transaction Impact: A difference of 327.13 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1700
0.0932
JanuMarcMayJulySeptNove

AOA to INR 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 0.1539, compared to 0.1002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 0.1539
H2 Avg (Jul–Dec) 0.1002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0401 INR (High: 0.1396 / Low: 0.0994). On the other end, September was the most stable month, with a tight range of 0.0007 INR (High: 0.1006 / Low: 0.1000).

June Spread (Volatile) ±0.0401
September Spread (Stable) ±0.0007

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 0.0372 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1636) against the same month in 2022 (average: 0.1458), the exchange rate shifted by +0.0178 (+12.24%).

2023 Avg (February) 0.1636
2022 Avg (February) 0.1458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1644 0.1608 0.1622
February 0.1644 0.1620 0.1636
March 0.1638 0.1613 0.1626
April 0.1627 0.1604 0.1615
May 0.1613 0.1417 0.1555
June 0.1396 0.0994 0.1183
July 0.1003 0.0990 0.0996
August 0.1008 0.0996 0.1003
September 0.1006 0.1000 0.1003
October 0.1009 0.1001 0.1005
November 0.1007 0.0999 0.1003
December 0.1005 0.0996 0.1002