2023 THB to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 THB to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the THB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 24.2782. Conversely, the yearly low was recorded on February 28, dropping to 14.2857.
This high-to-low spread represents a total annual volatility of 9.9925 AOA. From a start-to-finish perspective, comparing the January average rate of 15.1759 to the December average rate of 23.8101, the exchange rate registered a net change of 56.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.2782 was up 45.38% compared to the 2022 peak of 16.6993, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
THB to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.8746, compared to 23.4112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5366 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 6.3897 AOA (High: 23.4351 / Low: 17.0454). On the other end, April was the most stable month, with a tight range of 0.3120 AOA (High: 15.0036 / Low: 14.6916).
Growth Streaks & Declines
TrendsBetween 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 0.4401 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 23.8101) against the same month in 2022 (average: 14.5175), the exchange rate shifted by +9.2926 (+64.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.4265 | 14.5574 | 15.1759 |
| February | 15.4031 | 14.2857 | 14.8261 |
| March | 14.9691 | 14.4253 | 14.7022 |
| April | 15.0036 | 14.6916 | 14.8516 |
| May | 16.8452 | 14.9241 | 15.5085 |
| June | 23.4351 | 17.0454 | 20.1836 |
| July | 24.2379 | 23.3592 | 23.8441 |
| August | 24.1059 | 23.3063 | 23.5685 |
| September | 23.5492 | 22.5720 | 23.1284 |
| October | 23.1002 | 22.2981 | 22.6895 |
| November | 23.9055 | 23.0038 | 23.4266 |
| December | 24.2782 | 23.2654 | 23.8101 |