2023 DKK to AOA Historical Review

YEARLY HIGH

124.4549 AOA

YEARLY LOW

71.2557 AOA

YEARLY AVERAGE

99.5089 AOA

2023 DKK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 124.4549. Conversely, the yearly low was recorded on January 5, dropping to 71.2557.

This high-to-low spread represents a total annual volatility of 53.1991 AOA. From a start-to-finish perspective, comparing the January average rate of 73.0423 to the December average rate of 121.7065, the exchange rate registered a net change of 66.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 124.4549 was up 46.84% compared to the 2022 peak of 84.7526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 622,274 AOA

2022 Average 326,957 AOA

Yearly Trough Low 356,279 AOA

Transaction Impact: A difference of 265,995.73 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

127.4945

67.5594

JanuMarcMayJulySeptNove

DKK 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 78.8085, compared to 120.2092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.4007 points.

H1 Avg (Jan–Jun) 78.8085

H2 Avg (Jul–Dec) 120.2092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 35.7869 AOA (High: 120.9621 / Low: 85.1752). On the other end, April was the most stable month, with a tight range of 2.0666 AOA (High: 75.5392 / Low: 73.4727).

June Spread (Volatile) ±35.7869

April Spread (Stable) ±2.0666

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 2.3280 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 122.5000) against the same month in 2022 (average: 59.0110), the exchange rate shifted by +63.4890 (+107.59%).

2023 Avg (July) 122.5000

2022 Avg (July) 59.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	74.0670	71.2557	73.0423
February	74.6519	71.5399	72.5540
March	74.1655	71.7248	72.7452
April	75.5392	73.4727	74.6549
May	83.7998	74.3115	77.2818
June	120.9621	85.1752	102.5730
July	124.4549	120.2882	122.5000
August	122.1033	119.4858	120.8781
September	119.4502	116.6454	118.5501
October	118.4196	116.1637	117.2241
November	122.3503	117.7171	120.3968
December	124.0108	119.9310	121.7065