2023 XAF to AOA Historical Review

YEARLY HIGH

1.4138 AOA

YEARLY LOW

0.8078 AOA

YEARLY AVERAGE

1.1311 AOA

2023 XAF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1.4138. Conversely, the yearly low was recorded on January 5, dropping to 0.8078.

This high-to-low spread represents a total annual volatility of 0.6060 AOA. From a start-to-finish perspective, comparing the January average rate of 0.8286 to the December average rate of 1.3838, the exchange rate registered a net change of 67.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4138 was up 47.14% compared to the 2022 peak of 0.9609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,069 AOA

2022 Average 3,709 AOA

Yearly Trough Low 4,039 AOA

Transaction Impact: A difference of 3,030.06 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4484

0.7671

JanuMarcMayJulySeptNove

XAF 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 0.8956, compared to 1.3666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4710 points.

H1 Avg (Jan–Jun) 0.8956

H2 Avg (Jul–Dec) 1.3666

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4067 AOA (High: 1.3738 / Low: 0.9671). On the other end, October was the most stable month, with a tight range of 0.0266 AOA (High: 1.3474 / Low: 1.3209).

June Spread (Volatile) ±0.4067

October Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0255 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.3917) against the same month in 2022 (average: 0.6695), the exchange rate shifted by +0.7222 (+107.86%).

2023 Avg (July) 1.3917

2022 Avg (July) 0.6695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8400	0.8078	0.8286
February	0.8466	0.8117	0.8239
March	0.8422	0.8138	0.8264
April	0.8643	0.8345	0.8503
May	0.9515	0.8471	0.8790
June	1.3738	0.9671	1.1652
July	1.4138	1.3659	1.3917
August	1.3871	1.3577	1.3736
September	1.3573	1.3258	1.3481
October	1.3474	1.3209	1.3334
November	1.3905	1.3395	1.3691
December	1.4094	1.3631	1.3838