2023 TWD to AOA Historical Review

YEARLY HIGH

27.0895 AOA

YEARLY LOW

16.3869 AOA

YEARLY AVERAGE

21.9258 AOA

2023 TWD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 27.0895. Conversely, the yearly low was recorded on January 2, dropping to 16.3869.

This high-to-low spread represents a total annual volatility of 10.7026 AOA. From a start-to-finish perspective, comparing the January average rate of 16.5778 to the December average rate of 26.6239, the exchange rate registered a net change of 60.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.0895 was up 34.76% compared to the 2022 peak of 20.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135,448 AOA

2022 Average 77,594 AOA

Yearly Trough Low 81,934 AOA

Transaction Impact: A difference of 53,513.07 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.6304

15.5530

JanuMarcMayJulySeptNove

TWD 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 17.7560, compared to 26.0955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.3394 points.

H1 Avg (Jan–Jun) 17.7560

H2 Avg (Jul–Dec) 26.0955

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 7.2815 AOA (High: 26.5477 / Low: 19.2662). On the other end, April was the most stable month, with a tight range of 0.1842 AOA (High: 16.7061 / Low: 16.5219).

June Spread (Volatile) ±7.2815

April Spread (Stable) ±0.1842

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 July and August, when the average rate fell by 0.5131 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 26.6239) against the same month in 2022 (average: 16.4373), the exchange rate shifted by +10.1866 (+61.97%).

2023 Avg (December) 26.6239

2022 Avg (December) 16.4373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7834	16.3869	16.5778
February	16.9710	16.4193	16.6813
March	16.6733	16.4180	16.5594
April	16.7061	16.5219	16.6090
May	19.0334	16.5453	17.2689
June	26.5477	19.2662	22.8400
July	26.7053	26.2650	26.4689
August	26.1579	25.8548	25.9558
September	26.0308	25.6768	25.8584
October	25.8369	25.4775	25.6421
November	26.4871	25.6245	26.0237
December	27.0895	26.3646	26.6239