2023 CNY to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 117.5797. Conversely, the yearly low was recorded on February 28, dropping to 72.6090.
This high-to-low spread represents a total annual volatility of 44.9706 AOA. From a start-to-finish perspective, comparing the January average rate of 74.1846 to the December average rate of 116.7369, the exchange rate registered a net change of 57.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 117.5797 was up 34.85% compared to the 2022 peak of 87.1940, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CNY to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 78.2140, compared to 114.7044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.4904 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 30.7669 AOA (High: 113.8626 / Low: 83.0956). On the other end, April was the most stable month, with a tight range of 0.7700 AOA (High: 73.9708 / Low: 73.2008).
Growth Streaks & Declines
TrendsBetween 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 0.7911 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 116.7369) against the same month in 2022 (average: 72.3441), the exchange rate shifted by +44.3929 (+61.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.1555 | 72.8274 | 74.1846 |
| February | 74.9016 | 72.6090 | 73.7918 |
| March | 74.0188 | 72.7034 | 73.4001 |
| April | 73.9708 | 73.2008 | 73.7010 |
| May | 82.0582 | 73.2857 | 75.8456 |
| June | 113.8626 | 83.0956 | 98.3609 |
| July | 116.2375 | 113.6667 | 114.8679 |
| August | 115.6391 | 113.1642 | 114.0768 |
| September | 114.2405 | 112.8285 | 113.5491 |
| October | 115.4942 | 112.9883 | 113.7970 |
| November | 117.3169 | 113.4392 | 115.1989 |
| December | 117.5797 | 115.7300 | 116.7369 |