2023 MDL to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 48.0935. Conversely, the yearly low was recorded on January 8, dropping to 26.2034.
This high-to-low spread represents a total annual volatility of 21.8901 AOA. From a start-to-finish perspective, comparing the January average rate of 26.5305 to the December average rate of 47.2024, the exchange rate registered a net change of 77.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 48.0935 was up 54.14% compared to the 2022 peak of 31.2007, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL 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 29.6534, compared to 46.3818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7284 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 12.0715 AOA (High: 45.2938 / Low: 33.2223). On the other end, February was the most stable month, with a tight range of 0.5217 AOA (High: 27.1647 / Low: 26.6430).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6439 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 47.2024) against the same month in 2022 (average: 26.1059), the exchange rate shifted by +21.0965 (+80.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.9458 | 26.2034 | 26.5305 |
| February | 27.1647 | 26.6430 | 26.9022 |
| March | 27.7297 | 26.7691 | 27.1923 |
| April | 28.4927 | 27.6793 | 28.1398 |
| May | 32.8730 | 28.3953 | 29.8438 |
| June | 45.2938 | 33.2223 | 39.3120 |
| July | 47.7756 | 44.9989 | 46.1430 |
| August | 47.2355 | 46.2934 | 46.7157 |
| September | 46.4691 | 45.3816 | 46.0718 |
| October | 45.8882 | 45.3444 | 45.6562 |
| November | 46.8894 | 45.8088 | 46.5017 |
| December | 48.0935 | 46.3229 | 47.2024 |