2023 MVR to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 0.0108 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |