2023 DOP to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DOP to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DOP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 14.9901. Conversely, the yearly low was recorded on February 4, dropping to 8.8227.
This high-to-low spread represents a total annual volatility of 6.1674 AOA. From a start-to-finish perspective, comparing the January average rate of 8.9029 to the December average rate of 14.4950, the exchange rate registered a net change of 62.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.9901 was up 54.65% compared to the 2022 peak of 9.6931, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DOP 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 9.8216, compared to 14.6102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7886 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 4.1474 AOA (High: 14.9396 / Low: 10.7922). On the other end, January was the most stable month, with a tight range of 0.0897 AOA (High: 8.9537 / Low: 8.8640).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2091 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 14.7935) against the same month in 2022 (average: 7.8953), the exchange rate shifted by +6.8982 (+87.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9537 | 8.8640 | 8.9029 |
| February | 9.0977 | 8.8227 | 8.9893 |
| March | 9.3409 | 9.0677 | 9.2074 |
| April | 9.4122 | 9.2181 | 9.2792 |
| May | 10.6956 | 9.3148 | 9.7223 |
| June | 14.9396 | 10.7922 | 12.8287 |
| July | 14.9901 | 14.6741 | 14.7935 |
| August | 14.7187 | 14.4824 | 14.5845 |
| September | 14.6946 | 14.4775 | 14.5905 |
| October | 14.6501 | 14.5185 | 14.5742 |
| November | 14.7819 | 14.5409 | 14.6235 |
| December | 14.6330 | 14.2634 | 14.4950 |