2023 TRY to AOA Historical Review

YEARLY HIGH

32.1581 AOA

YEARLY LOW

26.0204 AOA

YEARLY AVERAGE

28.5528 AOA

2023 TRY to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 32.1581. Conversely, the yearly low was recorded on May 11, dropping to 26.0204.

This high-to-low spread represents a total annual volatility of 6.1377 AOA. From a start-to-finish perspective, comparing the January average rate of 26.8253 to the December average rate of 28.5566, the exchange rate registered a net change of 6.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.1581 was down 24.21% compared to the 2022 peak of 42.4287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,607,905 AOA

2022 Average 1,414,894 AOA

Yearly Trough Low 1,301,020 AOA

Transaction Impact: A difference of 306,884.75 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.6836

25.7451

JanuMarcMayJulySeptNove

TRY 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 27.1508, compared to 29.9548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8040 points.

H1 Avg (Jan–Jun) 27.1508

H2 Avg (Jul–Dec) 29.9548

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 6.0998 AOA (High: 32.1581 / Low: 26.0583). On the other end, January was the most stable month, with a tight range of 0.1922 AOA (High: 26.9479 / Low: 26.7557).

June Spread (Volatile) ±6.0998

January Spread (Stable) ±0.1922

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9750 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 29.6172) against the same month in 2022 (average: 25.3861), the exchange rate shifted by +4.2312 (+16.67%).

2023 Avg (June) 29.6172

2022 Avg (June) 25.3861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.9479	26.7557	26.8253
February	26.9001	26.6562	26.7905
March	26.9067	26.4129	26.6268
April	26.4623	26.0847	26.2399
May	28.1498	26.0204	26.8052
June	32.1581	26.0583	29.6172
July	32.0184	30.6121	31.1887
August	31.8912	30.3793	30.6848
September	30.8983	30.1435	30.6590
October	30.1400	29.2552	29.6840
November	29.3076	28.5961	28.9556
December	28.7789	28.1175	28.5566