2023 IDR to AOA Historical Review

YEARLY HIGH

0.0553 AOA

YEARLY LOW

0.0322 AOA

YEARLY AVERAGE

0.0449 AOA

2023 IDR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.0553. Conversely, the yearly low was recorded on January 5, dropping to 0.0322.

This high-to-low spread represents a total annual volatility of 0.0231 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0331 to the December average rate of 0.0537, the exchange rate registered a net change of 62.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0553 was up 42.23% compared to the 2022 peak of 0.0389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 553,398 AOA

2022 Average 310,439 AOA

Yearly Trough Low 322,307 AOA

Transaction Impact: A difference of 231,091.16 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0570

0.0309

JanuMarcMayJulySeptNove

IDR 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 0.0361, compared to 0.0537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.0361

H2 Avg (Jul–Dec) 0.0537

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0155 AOA (High: 0.0550 / Low: 0.0395). On the other end, August was the most stable month, with a tight range of 0.0008 AOA (High: 0.0546 / Low: 0.0538).

June Spread (Volatile) ±0.0155

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0548) against the same month in 2022 (average: 0.0288), the exchange rate shifted by +0.0260 (+90.51%).

2023 Avg (July) 0.0548

2022 Avg (July) 0.0288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0338	0.0322	0.0331
February	0.0339	0.0330	0.0333
March	0.0339	0.0326	0.0331
April	0.0347	0.0337	0.0341
May	0.0389	0.0344	0.0357
June	0.0550	0.0395	0.0471
July	0.0553	0.0543	0.0548
August	0.0546	0.0538	0.0541
September	0.0542	0.0531	0.0539
October	0.0536	0.0520	0.0525
November	0.0540	0.0522	0.0533
December	0.0541	0.0531	0.0537