YEARLY HIGH
987.6450 AOA
YEARLY LOW
534.3827 AOA
YEARLY AVERAGE
765.8162 AOA

2023 CHF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 987.6450. Conversely, the yearly low was recorded on February 28, dropping to 534.3827.

This high-to-low spread represents a total annual volatility of 453.2623 AOA. From a start-to-finish perspective, comparing the January average rate of 545.2405 to the December average rate of 962.1287, the exchange rate registered a net change of 76.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 987.6450 was up 62.54% compared to the 2022 peak of 607.6223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,938,225 AOA
2022 Average 2,418,036 AOA
Yearly Trough Low 2,671,913 AOA
Transaction Impact: A difference of 2,266,311.69 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1003.8443
503.2564
JanuMarcMayJulySeptNove

CHF 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 595.7766, compared to 935.8558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 340.0791 points.

H1 Avg (Jan–Jun) 595.7766
H2 Avg (Jul–Dec) 935.8558

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 271.2766 AOA (High: 922.2433 / Low: 650.9667). On the other end, January was the most stable month, with a tight range of 12.3862 AOA (High: 550.2782 / Low: 537.8920).

June Spread (Volatile) ±271.2766
January Spread (Stable) ±12.3862

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 18.7594 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -18.7594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 962.1287) against the same month in 2022 (average: 541.1670), the exchange rate shifted by +420.9617 (+77.79%).

2023 Avg (December) 962.1287
2022 Avg (December) 541.1670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 550.2782 537.8920 545.2405
February 555.8408 534.3827 544.9721
March 554.7054 537.4317 546.8138
April 573.9924 552.0289 564.6958
May 641.2656 567.1941 590.1639
June 922.2433 650.9667 782.7738
July 962.5200 918.4673 944.3348
August 947.2449 932.2833 939.9240
September 932.3942 898.9870 921.1646
October 929.5841 898.4876 916.2001
November 947.7095 915.9181 931.3825
December 987.6450 944.9960 962.1287