2023 MGA to AOA Historical Review

YEARLY HIGH

0.1869 AOA

YEARLY LOW

0.1108 AOA

YEARLY AVERAGE

0.1535 AOA

2023 MGA to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.1869. Conversely, the yearly low was recorded on January 11, dropping to 0.1108.

This high-to-low spread represents a total annual volatility of 0.0761 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1146 to the December average rate of 0.1813, the exchange rate registered a net change of 58.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1869 was up 33.40% compared to the 2022 peak of 0.1401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 935 AOA

2022 Average 558 AOA

Yearly Trough Low 554 AOA

Transaction Impact: A difference of 380.39 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1908

0.1077

JanuMarcMayJulySeptNove

MGA 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 0.1238, compared to 0.1831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0592 points.

H1 Avg (Jan–Jun) 0.1238

H2 Avg (Jul–Dec) 0.1831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0481 AOA (High: 0.1822 / Low: 0.1341). On the other end, October was the most stable month, with a tight range of 0.0016 AOA (High: 0.1836 / Low: 0.1820).

June Spread (Volatile) ±0.0481

October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.0025 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1834) against the same month in 2022 (average: 0.1040), the exchange rate shifted by +0.0794 (+76.39%).

2023 Avg (July) 0.1834

2022 Avg (July) 0.1040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1185	0.1108	0.1146
February	0.1183	0.1167	0.1175
March	0.1191	0.1157	0.1174
April	0.1172	0.1148	0.1159
May	0.1322	0.1154	0.1205
June	0.1822	0.1341	0.1572
July	0.1869	0.1812	0.1834
August	0.1854	0.1820	0.1835
September	0.1851	0.1821	0.1836
October	0.1836	0.1820	0.1828
November	0.1853	0.1822	0.1838
December	0.1848	0.1795	0.1813