2023 XCD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XCD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XCD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 308.0424. Conversely, the yearly low was recorded on January 23, dropping to 186.1845.
This high-to-low spread represents a total annual volatility of 121.8579 AOA. From a start-to-finish perspective, comparing the January average rate of 186.4176 to the December average rate of 307.4761, the exchange rate registered a net change of 64.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 308.0424 was up 50.15% compared to the 2022 peak of 205.1577, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XCD 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 200.8365, compared to 306.3846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 105.5481 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 87.3168 AOA (High: 305.4523 / Low: 218.1355). On the other end, January was the most stable month, with a tight range of 0.5093 AOA (High: 186.6937 / Low: 186.1845).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1071 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 307.0877) against the same month in 2022 (average: 185.1315), the exchange rate shifted by +121.9562 (+65.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 186.6937 | 186.1845 | 186.4176 |
| February | 187.7856 | 186.2787 | 186.8534 |
| March | 187.8290 | 186.4502 | 187.2000 |
| April | 188.5257 | 187.1869 | 187.8065 |
| May | 215.9375 | 188.0600 | 196.1808 |
| June | 305.4523 | 218.1355 | 260.5609 |
| July | 305.8349 | 304.7903 | 305.4502 |
| August | 306.3773 | 305.1825 | 305.5819 |
| September | 307.4874 | 305.2676 | 306.4093 |
| October | 307.0537 | 305.4619 | 306.3022 |
| November | 308.0424 | 306.2722 | 307.0877 |
| December | 308.0424 | 306.6715 | 307.4761 |