2023 KWD to AOA Historical Review

YEARLY HIGH

2709.7957 AOA

YEARLY LOW

1639.7649 AOA

YEARLY AVERAGE

2228.8995 AOA

2023 KWD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2709.7957. Conversely, the yearly low was recorded on February 28, dropping to 1639.7649.

This high-to-low spread represents a total annual volatility of 1070.0308 AOA. From a start-to-finish perspective, comparing the January average rate of 1648.8037 to the December average rate of 2699.0042, the exchange rate registered a net change of 63.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2709.7957 was up 47.91% compared to the 2022 peak of 1832.0248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,548,979 AOA

2022 Average 7,521,832 AOA

Yearly Trough Low 8,198,824 AOA

Transaction Impact: A difference of 5,350,154.24 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2804.0243

1543.7837

JanuMarcMayJulySeptNove

KWD 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 1770.8829, compared to 2686.9161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 916.0332 points.

H1 Avg (Jan–Jun) 1770.8829

H2 Avg (Jul–Dec) 2686.9161

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 767.8634 AOA (High: 2684.7275 / Low: 1916.8641). On the other end, January was the most stable month, with a tight range of 11.8491 AOA (High: 1654.0203 / Low: 1642.1712).

June Spread (Volatile) ±767.8634

January Spread (Stable) ±11.8491

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 July and August, when the average rate fell by 9.3703 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -9.3703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2699.0042) against the same month in 2022 (average: 1645.9183), the exchange rate shifted by +1053.0859 (+63.98%).

2023 Avg (December) 2699.0042

2022 Avg (December) 1645.9183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1654.0203	1642.1712	1648.8037
February	1657.6158	1639.7649	1649.9915
March	1668.3059	1642.3338	1650.4013
April	1666.5815	1649.3122	1656.5317
May	1897.5186	1658.0319	1727.4159
June	2684.7275	1916.8641	2292.1535
July	2699.2064	2682.6964	2691.1174
August	2690.4357	2671.9177	2681.7471
September	2689.6479	2675.4218	2682.2195
October	2685.1887	2656.2867	2676.7780
November	2706.1554	2680.5206	2690.6305
December	2709.7957	2686.0502	2699.0042