2023 IQD to AOA Historical Review

YEARLY HIGH

0.6405 AOA

YEARLY LOW

0.3423 AOA

YEARLY AVERAGE

0.5102 AOA

2023 IQD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.6405. Conversely, the yearly low was recorded on February 4, dropping to 0.3423.

This high-to-low spread represents a total annual volatility of 0.2982 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3451 to the December average rate of 0.6340, the exchange rate registered a net change of 83.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6405 was up 67.96% compared to the 2022 peak of 0.3814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,203 AOA

2022 Average 1,578 AOA

Yearly Trough Low 1,712 AOA

Transaction Impact: A difference of 1,491.04 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6636

0.3162

JanuMarcMayJulySeptNove

IQD 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 0.3880, compared to 0.6324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2444 points.

H1 Avg (Jan–Jun) 0.3880

H2 Avg (Jul–Dec) 0.6324

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1799 AOA (High: 0.6302 / Low: 0.4502). On the other end, January was the most stable month, with a tight range of 0.0018 AOA (High: 0.3463 / Low: 0.3446).

June Spread (Volatile) ±0.1799

January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.6346) against the same month in 2022 (average: 0.3430), the exchange rate shifted by +0.2916 (+85.01%).

2023 Avg (November) 0.6346

2022 Avg (November) 0.3430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3463	0.3446	0.3451
February	0.3502	0.3423	0.3459
March	0.3514	0.3452	0.3471
April	0.3870	0.3463	0.3500
May	0.4456	0.3491	0.4023
June	0.6302	0.4502	0.5377
July	0.6358	0.6289	0.6308
August	0.6345	0.6249	0.6306
September	0.6368	0.6296	0.6324
October	0.6352	0.6294	0.6323
November	0.6405	0.6315	0.6346
December	0.6355	0.6313	0.6340