YEARLY HIGH
222.6848 AOA
YEARLY LOW
133.9283 AOA
YEARLY AVERAGE
182.7067 AOA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,113,424 AOA
2022 Average 613,378 AOA
Yearly Trough Low 669,642 AOA
Transaction Impact: A difference of 443,782.43 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

230.2731
125.3838
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 144.6510
H2 Avg (Jul–Dec) 220.7624

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±62.8900
January Spread (Stable) ±0.4672

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0909

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (November) 221.3084
2022 Avg (November) 133.1185

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