2023 GYD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GYD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GYD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 4.0121. Conversely, the yearly low was recorded on February 5, dropping to 2.3685.
This high-to-low spread represents a total annual volatility of 1.6436 AOA. From a start-to-finish perspective, comparing the January average rate of 2.4026 to the December average rate of 3.9667, the exchange rate registered a net change of 65.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4.0121 was up 50.65% compared to the 2022 peak of 2.6632, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
GYD 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 2.5727, compared to 3.9552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 1.1143 AOA (High: 3.9027 / Low: 2.7885). On the other end, April was the most stable month, with a tight range of 0.0245 AOA (High: 2.4162 / Low: 2.3917).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0096 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 3.9688) against the same month in 2022 (average: 2.3939), the exchange rate shifted by +1.5749 (+65.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.4160 | 2.3846 | 2.4026 |
| February | 2.4107 | 2.3685 | 2.3930 |
| March | 2.4307 | 2.3874 | 2.4013 |
| April | 2.4162 | 2.3917 | 2.4013 |
| May | 2.7605 | 2.4029 | 2.5080 |
| June | 3.9027 | 2.7885 | 3.3301 |
| July | 3.9586 | 3.8954 | 3.9342 |
| August | 3.9724 | 3.9175 | 3.9456 |
| September | 3.9862 | 3.9377 | 3.9585 |
| October | 3.9778 | 3.9442 | 3.9576 |
| November | 4.0121 | 3.9271 | 3.9688 |
| December | 3.9759 | 3.9454 | 3.9667 |