2023 BBD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BBD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BBD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 416.2500. Conversely, the yearly low was recorded on January 23, dropping to 251.5864.
This high-to-low spread represents a total annual volatility of 164.6636 AOA. From a start-to-finish perspective, comparing the January average rate of 251.9015 to the December average rate of 415.4847, the exchange rate registered a net change of 64.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 416.2500 was up 50.15% compared to the 2022 peak of 277.2245, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BBD to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 271.3854, compared to 414.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 142.6244 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 117.9890 AOA (High: 412.7500 / Low: 294.7610). On the other end, January was the most stable month, with a tight range of 0.6882 AOA (High: 252.2746 / Low: 251.5864).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1447 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 414.9600) against the same month in 2022 (average: 250.1636), the exchange rate shifted by +164.7964 (+65.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 252.2746 | 251.5864 | 251.9015 |
| February | 253.7500 | 251.7138 | 252.4903 |
| March | 253.8086 | 251.9455 | 252.9587 |
| April | 254.7500 | 252.9410 | 253.7782 |
| May | 291.7909 | 254.1207 | 265.0942 |
| June | 412.7500 | 294.7610 | 352.0894 |
| July | 413.2670 | 411.8555 | 412.7472 |
| August | 414.0000 | 412.3855 | 412.9252 |
| September | 415.5000 | 412.5005 | 414.0433 |
| October | 414.9140 | 412.7631 | 413.8986 |
| November | 416.2500 | 413.8580 | 414.9600 |
| December | 416.2500 | 414.3975 | 415.4847 |