2023 FJD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 380.0780. Conversely, the yearly low was recorded on March 12, dropping to 226.1850.
This high-to-low spread represents a total annual volatility of 153.8931 AOA. From a start-to-finish perspective, comparing the January average rate of 231.3236 to the December average rate of 375.1141, the exchange rate registered a net change of 62.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 380.0780 was up 45.61% compared to the 2022 peak of 261.0244, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FJD 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 245.6080, compared to 368.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 122.4310 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 107.4702 AOA (High: 370.5616 / Low: 263.0914). On the other end, March was the most stable month, with a tight range of 3.4588 AOA (High: 229.6438 / Low: 226.1850).
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 6.1351 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 375.1141) against the same month in 2022 (average: 228.4783), the exchange rate shifted by +146.6358 (+64.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 234.4559 | 226.7469 | 231.3236 |
| February | 232.7655 | 227.0862 | 230.1731 |
| March | 229.6438 | 226.1850 | 228.0965 |
| April | 231.0547 | 226.5864 | 229.3379 |
| May | 259.1624 | 227.5334 | 238.2581 |
| June | 370.5616 | 263.0914 | 316.4585 |
| July | 378.9343 | 366.5142 | 372.2126 |
| August | 372.6234 | 360.5565 | 366.0775 |
| September | 367.2117 | 360.0875 | 364.6411 |
| October | 366.3502 | 360.4235 | 362.8508 |
| November | 372.4804 | 359.5971 | 367.3379 |
| December | 380.0780 | 370.8424 | 375.1141 |