YEARLY HIGH
54.3840 AOA
YEARLY LOW
32.6807 AOA
YEARLY AVERAGE
44.5864 AOA

2023 MVR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 54.3840. Conversely, the yearly low was recorded on January 3, dropping to 32.6807.

This high-to-low spread represents a total annual volatility of 21.7034 AOA. From a start-to-finish perspective, comparing the January average rate of 32.7482 to the December average rate of 54.0543, the exchange rate registered a net change of 65.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.3840 was up 51.12% compared to the 2022 peak of 35.9868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 271,920 AOA
2022 Average 149,337 AOA
Yearly Trough Low 163,403 AOA
Transaction Impact: A difference of 108,516.95 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.1849
30.6175
JanuMarcMayJulySeptNove

MVR 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 35.3407, compared to 53.8321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.4914 points.

H1 Avg (Jan–Jun) 35.3407
H2 Avg (Jul–Dec) 53.8321

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 15.3882 AOA (High: 53.9190 / Low: 38.5308). On the other end, January was the most stable month, with a tight range of 0.1890 AOA (High: 32.8696 / Low: 32.6807).

June Spread (Volatile) ±15.3882
January Spread (Stable) ±0.1890

Growth Streaks & Declines

Trends

Between 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 0.0108 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 54.0175) against the same month in 2022 (average: 32.4852), the exchange rate shifted by +21.5323 (+66.28%).

2023 Avg (November) 54.0175
2022 Avg (November) 32.4852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.8696 32.6807 32.7482
February 33.0619 32.7752 32.8899
March 33.0404 32.7793 32.9059
April 33.1706 32.9136 33.0491
May 38.1426 33.1102 34.5527
June 53.9190 38.5308 45.8986
July 53.9190 53.4530 53.6883
August 53.9248 53.5700 53.7238
September 53.9837 53.4740 53.7130
October 53.9745 53.6233 53.7956
November 54.3840 53.5739 54.0175
December 54.2345 53.8179 54.0543