2023 BHD to AOA Historical Review

YEARLY HIGH

2222.1451 AOA

YEARLY LOW

1334.6723 AOA

YEARLY AVERAGE

1818.7613 AOA

2023 BHD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2222.1451. Conversely, the yearly low was recorded on January 23, dropping to 1334.6723.

This high-to-low spread represents a total annual volatility of 887.4728 AOA. From a start-to-finish perspective, comparing the January average rate of 1336.6050 to the December average rate of 2203.8124, the exchange rate registered a net change of 64.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2222.1451 was up 51.10% compared to the 2022 peak of 1470.6207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 11,110,726 AOA

2022 Average 6,109,083 AOA

Yearly Trough Low 6,673,362 AOA

Transaction Impact: A difference of 4,437,363.94 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2290.5331

1249.8843

JanuMarcMayJulySeptNove

BHD to AOA 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 1440.6899, compared to 2196.8328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 756.1429 points.

H1 Avg (Jan–Jun) 1440.6899

H2 Avg (Jul–Dec) 2196.8328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 628.1184 AOA (High: 2191.8703 / Low: 1563.7519). On the other end, January was the most stable month, with a tight range of 4.1428 AOA (High: 1338.8152 / Low: 1334.6723).

June Spread (Volatile) ±628.1184

January Spread (Stable) ±4.1428

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.3108 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.3108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2202.3075) against the same month in 2022 (average: 1327.2737), the exchange rate shifted by +875.0337 (+65.93%).

2023 Avg (November) 2202.3075

2022 Avg (November) 1327.2737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1338.8152	1334.6723	1336.6050
February	1349.5328	1335.2523	1340.7087
March	1359.5273	1338.1251	1343.2766
April	1363.9241	1341.9852	1347.4098
May	1547.6792	1348.1386	1406.9406
June	2191.8703	1563.7519	1869.1986
July	2205.4632	2185.2213	2191.6077
August	2198.4152	2180.3997	2190.2969
September	2205.8776	2188.2551	2197.1039
October	2203.2419	2188.9464	2195.8685
November	2222.1451	2195.9758	2202.3075
December	2208.9511	2193.7577	2203.8124