2023 PGK to AOA Historical Review

YEARLY HIGH

235.2273 AOA

YEARLY LOW

141.1992 AOA

YEARLY AVERAGE

189.6114 AOA

2023 PGK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 235.2273. Conversely, the yearly low was recorded on February 23, dropping to 141.1992.

This high-to-low spread represents a total annual volatility of 94.0281 AOA. From a start-to-finish perspective, comparing the January average rate of 143.0063 to the December average rate of 222.1418, the exchange rate registered a net change of 55.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 235.2273 was up 48.56% compared to the 2022 peak of 158.3360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,176,136 AOA

2022 Average 653,060 AOA

Yearly Trough Low 705,996 AOA

Transaction Impact: A difference of 470,140.53 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

239.9833

134.1902

JanuMarcMayJulySeptNove

PGK 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 153.6577, compared to 225.5652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.9076 points.

H1 Avg (Jan–Jun) 153.6577

H2 Avg (Jul–Dec) 225.5652

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 70.4334 AOA (High: 234.5170 / Low: 164.0836). On the other end, January was the most stable month, with a tight range of 0.6545 AOA (High: 143.4507 / Low: 142.7962).

June Spread (Volatile) ±70.4334

January Spread (Stable) ±0.6545

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 3.8801 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -3.8801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 228.3055) against the same month in 2022 (average: 121.8967), the exchange rate shifted by +106.4089 (+87.29%).

2023 Avg (August) 228.3055

2022 Avg (August) 121.8967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	143.4507	142.7962	143.0063
February	143.8920	141.1992	143.0953
March	145.2752	141.4059	143.6512
April	145.8729	142.1262	143.9410
May	164.3338	144.1949	150.0791
June	234.5170	164.0836	198.1731
July	234.8011	227.6693	231.1673
August	235.2273	225.2623	228.3055
September	231.9916	224.8065	227.2210
October	226.5845	219.6582	223.3410
November	224.6581	218.9774	221.2148
December	223.8665	219.1867	222.1418