2023 LKR to AOA Historical Review

YEARLY HIGH

2.6936 AOA

YEARLY LOW

1.3688 AOA

YEARLY AVERAGE

2.1023 AOA

2023 LKR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 2.6936. Conversely, the yearly low was recorded on February 4, dropping to 1.3688.

This high-to-low spread represents a total annual volatility of 1.3248 AOA. From a start-to-finish perspective, comparing the January average rate of 1.3776 to the December average rate of 2.5433, the exchange rate registered a net change of 84.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6936 was down 1.92% compared to the 2022 peak of 2.7464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,468 AOA

2022 Average 7,590 AOA

Yearly Trough Low 6,844 AOA

Transaction Impact: A difference of 6,623.82 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7078

1.2567

JanuMarcMayJulySeptNove

LKR 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 1.6481, compared to 2.5565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9083 points.

H1 Avg (Jan–Jun) 1.6481

H2 Avg (Jul–Dec) 2.5565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6862 AOA (High: 2.6853 / Low: 1.9991). On the other end, January was the most stable month, with a tight range of 0.0172 AOA (High: 1.3862 / Low: 1.3690).

June Spread (Volatile) ±0.6862

January Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0202 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.5869) against the same month in 2022 (average: 1.1989), the exchange rate shifted by +1.3880 (+115.77%).

2023 Avg (July) 2.5869

2022 Avg (July) 1.1989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3862	1.3690	1.3776
February	1.3972	1.3688	1.3833
March	1.5793	1.3864	1.5147
April	1.6091	1.5376	1.5766
May	1.9853	1.5889	1.7139
June	2.6853	1.9991	2.3227
July	2.6936	2.4858	2.5869
August	2.6146	2.5447	2.5668
September	2.5780	2.5436	2.5623
October	2.5677	2.5262	2.5474
November	2.5512	2.5136	2.5321
December	2.5715	2.5263	2.5433