2023 ILS to AOA Historical Review

YEARLY HIGH

230.5259 AOA

YEARLY LOW

137.4378 AOA

YEARLY AVERAGE

185.2056 AOA

2023 ILS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 230.5259. Conversely, the yearly low was recorded on March 5, dropping to 137.4378.

This high-to-low spread represents a total annual volatility of 93.0881 AOA. From a start-to-finish perspective, comparing the January average rate of 146.3140 to the December average rate of 226.8168, the exchange rate registered a net change of 55.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 230.5259 was up 28.54% compared to the 2022 peak of 179.3455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,152,629 AOA

2022 Average 687,560 AOA

Yearly Trough Low 687,189 AOA

Transaction Impact: A difference of 465,440.62 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

235.5342

130.9255

JanuMarcMayJulySeptNove

ILS 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 151.0690, compared to 219.3422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.2732 points.

H1 Avg (Jan–Jun) 151.0690

H2 Avg (Jul–Dec) 219.3422

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 66.9842 AOA (High: 224.3978 / Low: 157.4136). On the other end, September was the most stable month, with a tight range of 3.1054 AOA (High: 218.2603 / Low: 215.1549).

June Spread (Volatile) ±66.9842

September Spread (Stable) ±3.1054

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 8.8360 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.8360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 226.8168) against the same month in 2022 (average: 145.9896), the exchange rate shifted by +80.8272 (+55.37%).

2023 Avg (December) 226.8168

2022 Avg (December) 145.9896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	149.5811	141.8152	146.3140
February	148.7295	137.6706	142.5518
March	142.8291	137.4378	139.9452
April	141.6601	138.2222	139.6429
May	156.2506	138.8227	144.4187
June	224.3978	157.4136	193.5414
July	230.0113	222.1122	225.2035
August	227.3107	216.8951	220.5773
September	218.2603	215.1549	216.9771
October	217.4625	203.0753	208.1411
November	225.0111	206.7744	218.3376
December	230.5259	222.8397	226.8168