2023 TZS to AOA Historical Review

YEARLY HIGH

0.3438 AOA

YEARLY LOW

0.2141 AOA

YEARLY AVERAGE

0.2814 AOA

2023 TZS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.3438. Conversely, the yearly low was recorded on February 5, dropping to 0.2141.

This high-to-low spread represents a total annual volatility of 0.1298 AOA. From a start-to-finish perspective, comparing the January average rate of 0.2158 to the December average rate of 0.3308, the exchange rate registered a net change of 53.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3438 was up 42.57% compared to the 2022 peak of 0.2412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,719 AOA

2022 Average 990 AOA

Yearly Trough Low 1,070 AOA

Transaction Impact: A difference of 648.89 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3505

0.2036

JanuMarcMayJulySeptNove

TZS 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 0.2308, compared to 0.3321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1013 points.

H1 Avg (Jan–Jun) 0.2308

H2 Avg (Jul–Dec) 0.3321

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0926 AOA (High: 0.3418 / Low: 0.2493). On the other end, January was the most stable month, with a tight range of 0.0009 AOA (High: 0.2164 / Low: 0.2155).

June Spread (Volatile) ±0.0926

January Spread (Stable) ±0.0009

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 July and August, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3383) against the same month in 2022 (average: 0.1848), the exchange rate shifted by +0.1535 (+83.09%).

2023 Avg (July) 0.3383

2022 Avg (July) 0.1848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2164	0.2155	0.2158
February	0.2175	0.2141	0.2162
March	0.2188	0.2153	0.2167
April	0.2180	0.2153	0.2165
May	0.2468	0.2158	0.2247
June	0.3418	0.2493	0.2948
July	0.3438	0.3359	0.3383
August	0.3367	0.3291	0.3311
September	0.3318	0.3291	0.3305
October	0.3321	0.3283	0.3304
November	0.3353	0.3292	0.3316
December	0.3324	0.3287	0.3308