2023 CRC to AOA Historical Review

YEARLY HIGH

1.5983 AOA

YEARLY LOW

0.8511 AOA

YEARLY AVERAGE

1.2707 AOA

2023 CRC to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.5983. Conversely, the yearly low was recorded on January 2, dropping to 0.8511.

This high-to-low spread represents a total annual volatility of 0.7472 AOA. From a start-to-finish perspective, comparing the January average rate of 0.8770 to the December average rate of 1.5823, the exchange rate registered a net change of 80.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5983 was up 84.21% compared to the 2022 peak of 0.8677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,992 AOA

2022 Average 3,585 AOA

Yearly Trough Low 4,256 AOA

Transaction Impact: A difference of 3,736.19 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6529

0.8065

JanuMarcMayJulySeptNove

CRC 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 0.9894, compared to 1.5520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5627 points.

H1 Avg (Jan–Jun) 0.9894

H2 Avg (Jul–Dec) 1.5520

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4273 AOA (High: 1.5205 / Low: 1.0932). On the other end, October was the most stable month, with a tight range of 0.0214 AOA (High: 1.5645 / Low: 1.5432).

June Spread (Volatile) ±0.4273

October Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.5823) against the same month in 2022 (average: 0.8557), the exchange rate shifted by +0.7266 (+84.91%).

2023 Avg (December) 1.5823

2022 Avg (December) 0.8557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9130	0.8511	0.8770
February	0.9144	0.8669	0.8938
March	0.9445	0.9057	0.9274
April	0.9598	0.9331	0.9477
May	1.0812	0.9354	0.9866
June	1.5205	1.0932	1.3039
July	1.5441	1.5065	1.5283
August	1.5538	1.5117	1.5345
September	1.5674	1.5301	1.5463
October	1.5645	1.5432	1.5564
November	1.5812	1.5525	1.5645
December	1.5983	1.5673	1.5823