2023 AOA to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AOA to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AOA to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 45.3601. Conversely, the yearly low was recorded on December 9, dropping to 26.7649.
This high-to-low spread represents a total annual volatility of 18.5952 STD. From a start-to-finish perspective, comparing the January average rate of 45.3034 to the December average rate of 26.8143, the exchange rate registered a net change of -40.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 45.3601 was down 17.54% compared to the 2022 peak of 55.0097, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AOA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AOA to STD 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 42.7581, compared to 27.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.7528 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 11.0674 STD (High: 38.7161 / Low: 27.6487). On the other end, August was the most stable month, with a tight range of 0.1054 STD (High: 27.0157 / Low: 26.9104).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 10.2707 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 45.3034) against the same month in 2022 (average: 39.3415), the exchange rate shifted by +5.9619 (+15.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.3601 | 45.2364 | 45.3034 |
| February | 45.3372 | 44.9734 | 45.1980 |
| March | 45.2955 | 44.9630 | 45.1142 |
| April | 45.1172 | 44.7968 | 44.9685 |
| May | 44.9078 | 39.1102 | 43.1177 |
| June | 38.7161 | 27.6487 | 32.8470 |
| July | 27.7087 | 26.9789 | 27.5641 |
| August | 27.0157 | 26.9104 | 26.9805 |
| September | 27.0082 | 26.8132 | 26.9077 |
| October | 26.9910 | 26.8511 | 26.9170 |
| November | 26.9196 | 26.7649 | 26.8482 |
| December | 26.8846 | 26.7649 | 26.8143 |