2023 AOA to NOK Historical Review

YEARLY HIGH

0.0212 NOK

YEARLY LOW

0.0120 NOK

YEARLY AVERAGE

0.0162 NOK

2023 AOA to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.0212. Conversely, the yearly low was recorded on July 13, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0092 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0127, the exchange rate registered a net change of -35.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0212 was down 15.43% compared to the 2022 peak of 0.0251, 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 106 NOK

2022 Average 105 NOK

Yearly Trough Low 60 NOK

Transaction Impact: A difference of 46.00 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0217

0.0116

JanuMarcMayJulySeptNove

AOA to NOK 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 0.0196, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0057 NOK (High: 0.0188 / Low: 0.0130). On the other end, September was the most stable month, with a tight range of 0.0002 NOK (High: 0.0131 / Low: 0.0129).

June Spread (Volatile) ±0.0057

September 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 0.0049 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0208) against the same month in 2022 (average: 0.0190), the exchange rate shifted by +0.0019 (+9.90%).

2023 Avg (March) 0.0208

2022 Avg (March) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0204	0.0194	0.0197
February	0.0206	0.0196	0.0203
March	0.0212	0.0205	0.0208
April	0.0210	0.0203	0.0207
May	0.0212	0.0190	0.0204
June	0.0188	0.0130	0.0155
July	0.0130	0.0120	0.0125
August	0.0130	0.0123	0.0127
September	0.0131	0.0129	0.0130
October	0.0135	0.0129	0.0133
November	0.0135	0.0128	0.0131
December	0.0132	0.0121	0.0127