2023 NAD to AOA Historical Review

YEARLY HIGH

46.8306 AOA

YEARLY LOW

26.3702 AOA

YEARLY AVERAGE

36.9447 AOA

2023 NAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 46.8306. Conversely, the yearly low was recorded on May 13, dropping to 26.3702.

This high-to-low spread represents a total annual volatility of 20.4604 AOA. From a start-to-finish perspective, comparing the January average rate of 29.4996 to the December average rate of 44.4811, the exchange rate registered a net change of 50.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.8306 was up 32.06% compared to the 2022 peak of 35.4620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 234,153 AOA

2022 Average 141,856 AOA

Yearly Trough Low 131,851 AOA

Transaction Impact: A difference of 102,301.89 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.0254

25.9228

JanuMarcMayJulySeptNove

NAD 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 29.8027, compared to 44.0867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.2840 points.

H1 Avg (Jan–Jun) 29.8027

H2 Avg (Jul–Dec) 44.0867

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 14.3110 AOA (High: 44.2057 / Low: 29.8946). On the other end, January was the most stable month, with a tight range of 0.8177 AOA (High: 29.9590 / Low: 29.1413).

June Spread (Volatile) ±14.3110

January Spread (Stable) ±0.8177

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.4351 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 45.2669) against the same month in 2022 (average: 26.7928), the exchange rate shifted by +18.4741 (+68.95%).

2023 Avg (July) 45.2669

2022 Avg (July) 26.7928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.9590	29.1413	29.4996
February	29.5446	27.3305	28.2581
March	28.3837	27.2043	27.6813
April	28.5740	27.4097	27.9263
May	29.5934	26.3702	27.7728
June	44.2057	29.8946	37.6779
July	46.8306	43.8314	45.2669
August	45.2183	41.6541	43.8317
September	44.2207	43.0541	43.6460
October	44.0939	40.9646	43.0077
November	45.6606	41.4264	44.2869
December	45.4375	43.5096	44.4811