2023 RON to AOA Historical Review

YEARLY HIGH

187.8647 AOA

YEARLY LOW

107.4780 AOA

YEARLY AVERAGE

149.8172 AOA

2023 RON to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 187.8647. Conversely, the yearly low was recorded on January 5, dropping to 107.4780.

This high-to-low spread represents a total annual volatility of 80.3866 AOA. From a start-to-finish perspective, comparing the January average rate of 110.3048 to the December average rate of 182.5841, the exchange rate registered a net change of 65.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 187.8647 was up 47.50% compared to the 2022 peak of 127.3647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 939,323 AOA

2022 Average 493,338 AOA

Yearly Trough Low 537,390 AOA

Transaction Impact: A difference of 401,933.21 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

192.2216

102.4795

JanuMarcMayJulySeptNove

RON 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 118.9064, compared to 180.7279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.8215 points.

H1 Avg (Jan–Jun) 118.9064

H2 Avg (Jul–Dec) 180.7279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 53.9154 AOA (High: 181.6282 / Low: 127.7127). On the other end, March was the most stable month, with a tight range of 2.8658 AOA (High: 111.5393 / Low: 108.6735).

June Spread (Volatile) ±53.9154

March Spread (Stable) ±2.8658

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 4.2676 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.2676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 184.7431) against the same month in 2022 (average: 88.9288), the exchange rate shifted by +95.8143 (+107.74%).

2023 Avg (July) 184.7431

2022 Avg (July) 88.9288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	112.7157	107.4780	110.3048
February	113.1270	108.0780	110.0934
March	111.5393	108.6735	109.9580
April	114.1327	110.6586	112.7005
May	125.7991	112.2433	116.3340
June	181.6282	127.7127	154.0477
July	187.8647	181.0178	184.7431
August	184.4697	180.4571	182.2939
September	180.0141	174.8160	178.0262
October	177.8328	174.1421	176.0708
November	183.4658	176.8264	180.6494
December	185.8380	179.8290	182.5841