YEARLY HIGH
0.0032 NZD
YEARLY LOW
0.0019 NZD
YEARLY AVERAGE
0.0025 NZD

2023 AOA to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0032. Conversely, the yearly low was recorded on December 27, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0013 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0019, the exchange rate registered a net change of -37.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0032 was down 21.46% compared to the 2022 peak of 0.0041, 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 16 NZD
2022 Average 17 NZD
Yearly Trough Low 9 NZD
Transaction Impact: A difference of 6.72 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0033
0.0018
JanuMarcMayJulySeptNove

AOA to NZD 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 0.0030, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0030
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0008 NZD (High: 0.0028 / Low: 0.0020). On the other end, September was the most stable month, with a tight range of 0.0000 NZD (High: 0.0021 / Low: 0.0020).

June Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0000

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0032) against the same month in 2022 (average: 0.0031), the exchange rate shifted by +0.0001 (+2.01%).

2023 Avg (March) 0.0032
2022 Avg (March) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0031 0.0031
February 0.0032 0.0030 0.0032
March 0.0032 0.0031 0.0032
April 0.0032 0.0031 0.0032
May 0.0032 0.0028 0.0030
June 0.0028 0.0020 0.0023
July 0.0020 0.0019 0.0019
August 0.0021 0.0020 0.0020
September 0.0021 0.0020 0.0020
October 0.0021 0.0020 0.0020
November 0.0020 0.0020 0.0020
December 0.0020 0.0019 0.0019