2023 MUR to AOA Historical Review

YEARLY HIGH

18.9503 AOA

YEARLY LOW

10.7262 AOA

YEARLY AVERAGE

15.2204 AOA

2023 MUR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 18.9503. Conversely, the yearly low was recorded on March 13, dropping to 10.7262.

This high-to-low spread represents a total annual volatility of 8.2242 AOA. From a start-to-finish perspective, comparing the January average rate of 11.4181 to the December average rate of 18.8240, the exchange rate registered a net change of 64.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.9503 was up 47.58% compared to the 2022 peak of 12.8406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,752 AOA

2022 Average 52,098 AOA

Yearly Trough Low 53,631 AOA

Transaction Impact: A difference of 41,120.80 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.6173

10.0978

JanuMarcMayJulySeptNove

MUR 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 11.9497, compared to 18.4911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5415 points.

H1 Avg (Jan–Jun) 11.9497

H2 Avg (Jul–Dec) 18.4911

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.3390 AOA (High: 18.1436 / Low: 12.8046). On the other end, October was the most stable month, with a tight range of 0.1801 AOA (High: 18.7556 / Low: 18.5755).

June Spread (Volatile) ±5.3390

October Spread (Stable) ±0.1801

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3724 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.3724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.8240) against the same month in 2022 (average: 11.5025), the exchange rate shifted by +7.3215 (+63.65%).

2023 Avg (December) 18.8240

2022 Avg (December) 11.5025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5666	11.1667	11.4181
February	11.4089	10.8614	11.0457
March	11.1661	10.7262	10.8911
April	11.3445	11.1344	11.2437
May	12.7693	11.2071	11.6704
June	18.1436	12.8046	15.4289
July	18.2694	17.8392	18.1151
August	18.3143	17.9109	18.1548
September	18.6638	17.6968	18.4097
October	18.7556	18.5755	18.6754
November	18.8549	18.4925	18.7676
December	18.9503	18.5828	18.8240