2023 CAD to AOA Historical Review

YEARLY HIGH

630.4420 AOA

YEARLY LOW

365.7051 AOA

YEARLY AVERAGE

507.8375 AOA

2023 CAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 630.4420. Conversely, the yearly low was recorded on March 25, dropping to 365.7051.

This high-to-low spread represents a total annual volatility of 264.7369 AOA. From a start-to-finish perspective, comparing the January average rate of 375.4199 to the December average rate of 619.6840, the exchange rate registered a net change of 65.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 630.4420 was up 43.81% compared to the 2022 peak of 438.3734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,152,210 AOA

2022 Average 1,770,373 AOA

Yearly Trough Low 1,828,525 AOA

Transaction Impact: A difference of 1,323,684.70 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

649.4289

343.8160

JanuMarcMayJulySeptNove

CAD 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 402.9480, compared to 612.7270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 209.7790 points.

H1 Avg (Jan–Jun) 402.9480

H2 Avg (Jul–Dec) 612.7270

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 184.6416 AOA (High: 623.0988 / Low: 438.4572). On the other end, March was the most stable month, with a tight range of 9.4289 AOA (High: 375.1340 / Low: 365.7051).

June Spread (Volatile) ±184.6416

March Spread (Stable) ±9.4289

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 11.5091 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -11.5091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 619.6840) against the same month in 2022 (average: 370.8210), the exchange rate shifted by +248.8629 (+67.11%).

2023 Avg (December) 619.6840

2022 Avg (December) 370.8210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	378.9805	368.3061	375.4199
February	379.8887	368.9181	375.2480
March	375.1340	365.7051	369.2838
April	379.9944	370.0896	375.5123
May	430.1528	373.0040	391.8747
June	623.0988	438.4572	530.3494
July	630.1435	617.6488	623.9612
August	622.8313	606.1331	612.4521
September	616.5170	604.6623	611.1309
October	610.3714	596.1057	603.6630
November	610.9677	599.9446	605.4706
December	630.4420	611.0807	619.6840