2023 TJS to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 76.6207. Conversely, the yearly low was recorded on March 20, dropping to 46.1434.
This high-to-low spread represents a total annual volatility of 30.4773 AOA. From a start-to-finish perspective, comparing the January average rate of 49.2386 to the December average rate of 75.9629, the exchange rate registered a net change of 54.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 76.6207 was up 50.37% compared to the 2022 peak of 50.9538, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TJS 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 50.9053, compared to 75.5938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.6885 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 21.5375 AOA (High: 75.5200 / Low: 53.9825). On the other end, January was the most stable month, with a tight range of 0.7047 AOA (High: 49.7121 / Low: 49.0074).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 1.4718 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 75.9179) against the same month in 2022 (average: 49.7561), the exchange rate shifted by +26.1618 (+52.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.7121 | 49.0074 | 49.2386 |
| February | 50.5819 | 47.0670 | 48.6176 |
| March | 50.6817 | 46.1434 | 48.0051 |
| April | 47.1935 | 46.2977 | 46.5334 |
| May | 53.4727 | 46.5415 | 48.5578 |
| June | 75.5200 | 53.9825 | 64.4794 |
| July | 76.2645 | 75.2738 | 75.5501 |
| August | 75.8497 | 74.9566 | 75.2487 |
| September | 75.9189 | 75.0542 | 75.4081 |
| October | 75.9432 | 75.1183 | 75.4748 |
| November | 76.6207 | 75.5508 | 75.9179 |
| December | 76.3011 | 75.5807 | 75.9629 |