YEARLY HIGH
416.4245 AOA
YEARLY LOW
247.9338 AOA
YEARLY AVERAGE
340.1950 AOA

2023 BZD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 416.4245. Conversely, the yearly low was recorded on February 5, dropping to 247.9338.

This high-to-low spread represents a total annual volatility of 168.4906 AOA. From a start-to-finish perspective, comparing the January average rate of 249.9374 to the December average rate of 411.8218, the exchange rate registered a net change of 64.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 416.4245 was up 50.65% compared to the 2022 peak of 276.4263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,082,122 AOA
2022 Average 1,142,721 AOA
Yearly Trough Low 1,239,669 AOA
Transaction Impact: A difference of 842,453.23 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

428.4471
233.7092
JanuMarcMayJulySeptNove

BZD 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 269.4475, compared to 410.9425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 141.4950 points.

H1 Avg (Jan–Jun) 269.4475
H2 Avg (Jul–Dec) 410.9425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 116.9313 AOA (High: 409.5087 / Low: 292.5775). On the other end, January was the most stable month, with a tight range of 1.2935 AOA (High: 250.7590 / Low: 249.4654).

June Spread (Volatile) ±116.9313
January Spread (Stable) ±1.2935

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 November and December, when the average rate fell by 0.3972 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.3972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 412.2189) against the same month in 2022 (average: 248.4645), the exchange rate shifted by +163.7544 (+65.91%).

2023 Avg (November) 412.2189
2022 Avg (November) 248.4645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 250.7590 249.4654 249.9374
February 252.3507 247.9338 250.4963
March 254.4435 249.9131 251.6177
April 255.7915 250.9376 252.0595
May 289.6460 252.1523 263.1570
June 409.5087 292.5775 349.4171
July 413.9419 408.7297 410.0213
August 412.3152 407.7421 409.7115
September 413.7362 409.0261 410.9111
October 412.8482 409.3755 410.9706
November 416.4245 410.3705 412.2189
December 412.9446 409.8518 411.8218