2023 SAR to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 222.6848. Conversely, the yearly low was recorded on January 1, dropping to 133.9283.
This high-to-low spread represents a total annual volatility of 88.7565 AOA. From a start-to-finish perspective, comparing the January average rate of 134.1246 to the December average rate of 221.5323, the exchange rate registered a net change of 65.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 222.6848 was up 50.76% compared to the 2022 peak of 147.7113, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SAR 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 144.6510, compared to 220.7624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 76.1114 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 62.8900 AOA (High: 220.0860 / Low: 157.1959). On the other end, January was the most stable month, with a tight range of 0.4672 AOA (High: 134.3955 / Low: 133.9283).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0909 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 221.3084) against the same month in 2022 (average: 133.1185), the exchange rate shifted by +88.1899 (+66.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 134.3955 | 133.9283 | 134.1246 |
| February | 135.3024 | 134.1810 | 134.6067 |
| March | 135.2497 | 134.2599 | 134.7385 |
| April | 135.8399 | 134.8486 | 135.3083 |
| May | 155.5898 | 135.5292 | 141.3699 |
| June | 220.0860 | 157.1959 | 187.7581 |
| July | 220.4780 | 219.5008 | 220.0856 |
| August | 220.7823 | 219.8263 | 220.1616 |
| September | 221.5390 | 219.9448 | 220.7886 |
| October | 221.2200 | 219.9616 | 220.6976 |
| November | 222.6848 | 220.6577 | 221.3084 |
| December | 221.9714 | 220.8226 | 221.5323 |