2023 NIO to AOA Historical Review

YEARLY HIGH

22.8832 AOA

YEARLY LOW

13.7166 AOA

YEARLY AVERAGE

18.7466 AOA

2023 NIO to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 22.8832. Conversely, the yearly low was recorded on February 5, dropping to 13.7166.

This high-to-low spread represents a total annual volatility of 9.1666 AOA. From a start-to-finish perspective, comparing the January average rate of 13.8107 to the December average rate of 22.6619, the exchange rate registered a net change of 64.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.8832 was up 45.82% compared to the 2022 peak of 15.6931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,416 AOA

2022 Average 64,220 AOA

Yearly Trough Low 68,583 AOA

Transaction Impact: A difference of 45,832.98 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.5644

12.9240

JanuMarcMayJulySeptNove

NIO 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 14.8637, compared to 22.6295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7658 points.

H1 Avg (Jan–Jun) 14.8637

H2 Avg (Jul–Dec) 22.6295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 6.4466 AOA (High: 22.5701 / Low: 16.1235). On the other end, January was the most stable month, with a tight range of 0.0770 AOA (High: 13.8537 / Low: 13.7767).

June Spread (Volatile) ±6.4466

January Spread (Stable) ±0.0770

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 0.0227 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 22.6777) against the same month in 2022 (average: 13.9040), the exchange rate shifted by +8.7737 (+63.10%).

2023 Avg (November) 22.6777

2022 Avg (November) 13.9040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8537	13.7767	13.8107
February	13.9225	13.7166	13.8382
March	13.9969	13.7731	13.8616
April	14.0635	13.8344	13.8991
May	15.9616	13.8916	14.5085
June	22.5701	16.1235	19.2640
July	22.7334	22.5307	22.5961
August	22.6565	22.4608	22.5733
September	22.7895	22.5311	22.6385
October	22.7451	22.5492	22.6292
November	22.8832	22.5250	22.6777
December	22.7292	22.5799	22.6619