YEARLY HIGH
49.4868 AOA
YEARLY LOW
25.8339 AOA
YEARLY AVERAGE
38.9451 AOA

2023 MXN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 49.4868. Conversely, the yearly low was recorded on January 1, dropping to 25.8339.

This high-to-low spread represents a total annual volatility of 23.6528 AOA. From a start-to-finish perspective, comparing the January average rate of 26.5695 to the December average rate of 48.4108, the exchange rate registered a net change of 82.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.4868 was up 82.02% compared to the 2022 peak of 27.1871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,474,338 AOA
2022 Average 1,145,905 AOA
Yearly Trough Low 1,291,696 AOA
Transaction Impact: A difference of 1,182,641.97 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

51.0140
24.3473
JanuMarcMayJulySeptNove

MXN 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 30.0163, compared to 47.8738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.8575 points.

H1 Avg (Jan–Jun) 30.0163
H2 Avg (Jul–Dec) 47.8738

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 14.6587 AOA (High: 48.2438 / Low: 33.5851). On the other end, April was the most stable month, with a tight range of 0.6339 AOA (High: 28.3212 / Low: 27.6873).

June Spread (Volatile) ±14.6587
April Spread (Stable) ±0.6339

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 September and October, when the average rate fell by 2.1079 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.1079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 48.7918) against the same month in 2022 (average: 21.0100), the exchange rate shifted by +27.7818 (+132.23%).

2023 Avg (July) 48.7918
2022 Avg (July) 21.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.9912 25.8339 26.5695
February 27.5853 26.2757 27.1591
March 28.2069 26.6564 27.4946
April 28.3212 27.6873 28.0925
May 32.9923 28.2967 29.9106
June 48.2438 33.5851 40.8718
July 49.4868 47.8984 48.7918
August 49.2989 47.7313 48.6211
September 48.5607 46.7998 47.8792
October 47.5865 45.1463 45.7713
November 48.6068 46.6475 47.7690
December 49.1741 47.5050 48.4108