2023 AOA to TWD Historical Review

YEARLY HIGH

0.0610 TWD

YEARLY LOW

0.0369 TWD

YEARLY AVERAGE

0.0478 TWD

2023 AOA to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0610. Conversely, the yearly low was recorded on December 28, dropping to 0.0369.

This high-to-low spread represents a total annual volatility of 0.0241 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0603 to the December average rate of 0.0376, the exchange rate registered a net change of -37.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0610 was down 17.35% compared to the 2022 peak of 0.0738, 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 305 TWD

2022 Average 326 TWD

Yearly Trough Low 185 TWD

Transaction Impact: A difference of 120.55 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0627

0.0353

JanuMarcMayJulySeptNove

AOA to TWD 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 0.0572, compared to 0.0383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.0572

H2 Avg (Jul–Dec) 0.0383

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0142 TWD (High: 0.0519 / Low: 0.0377). On the other end, August was the most stable month, with a tight range of 0.0004 TWD (High: 0.0387 / Low: 0.0382).

June Spread (Volatile) ±0.0142

August Spread (Stable) ±0.0004

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 0.0137 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0603) against the same month in 2022 (average: 0.0514), the exchange rate shifted by +0.0089 (+17.27%).

2023 Avg (January) 0.0603

2022 Avg (January) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0610	0.0596	0.0603
February	0.0609	0.0589	0.0600
March	0.0609	0.0600	0.0604
April	0.0605	0.0599	0.0602
May	0.0604	0.0525	0.0580
June	0.0519	0.0377	0.0443
July	0.0381	0.0374	0.0378
August	0.0387	0.0382	0.0385
September	0.0389	0.0384	0.0387
October	0.0393	0.0387	0.0390
November	0.0390	0.0378	0.0384
December	0.0379	0.0369	0.0376