2023 BWP to AOA Historical Review

YEARLY HIGH

63.5286 AOA

YEARLY LOW

37.7306 AOA

YEARLY AVERAGE

51.1859 AOA

2023 BWP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 63.5286. Conversely, the yearly low was recorded on March 8, dropping to 37.7306.

This high-to-low spread represents a total annual volatility of 25.7981 AOA. From a start-to-finish perspective, comparing the January average rate of 39.4408 to the December average rate of 61.5290, the exchange rate registered a net change of 56.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 63.5286 was up 32.96% compared to the 2022 peak of 47.7786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 317,643 AOA

2022 Average 186,862 AOA

Yearly Trough Low 188,653 AOA

Transaction Impact: A difference of 128,990.30 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

64.7734

35.8651

JanuMarcMayJulySeptNove

BWP 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 41.1294, compared to 61.2423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.1130 points.

H1 Avg (Jan–Jun) 41.1294

H2 Avg (Jul–Dec) 61.2423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 18.6666 AOA (High: 61.4232 / Low: 42.7566). On the other end, April was the most stable month, with a tight range of 0.6805 AOA (High: 39.0092 / Low: 38.3287).

June Spread (Volatile) ±18.6666

April Spread (Stable) ±0.6805

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.1591 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 62.3644) against the same month in 2022 (average: 34.1076), the exchange rate shifted by +28.2567 (+82.85%).

2023 Avg (July) 62.3644

2022 Avg (July) 34.1076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.8809	39.0500	39.4408
February	39.7386	37.7900	38.6001
March	39.0092	37.7306	38.2741
April	39.0092	38.3287	38.6734
May	42.3269	37.7832	39.3478
June	61.4232	42.7566	52.4400
July	63.5286	60.9054	62.3644
August	62.5464	60.6276	61.2053
September	61.0857	60.0359	60.6809
October	60.8821	59.6359	60.2679
November	62.0729	60.7844	61.4065
December	62.1681	60.5794	61.5290