2023 SBD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 99.1466. Conversely, the yearly low was recorded on January 15, dropping to 60.6989.
This high-to-low spread represents a total annual volatility of 38.4477 AOA. From a start-to-finish perspective, comparing the January average rate of 60.9602 to the December average rate of 98.2530, the exchange rate registered a net change of 61.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 99.1466 was up 44.62% compared to the 2022 peak of 68.5573, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD 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 65.5220, compared to 98.4555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.9334 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 28.3550 AOA (High: 99.0905 / Low: 70.7356). On the other end, August was the most stable month, with a tight range of 0.4659 AOA (High: 99.0191 / Low: 98.5532).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4250 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 98.6788) against the same month in 2022 (average: 52.8195), the exchange rate shifted by +45.8593 (+86.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.3890 | 60.6989 | 60.9602 |
| February | 61.5336 | 60.9468 | 61.3321 |
| March | 61.8984 | 60.9542 | 61.4766 |
| April | 61.6477 | 60.9909 | 61.2081 |
| May | 70.0228 | 61.1005 | 63.6723 |
| June | 99.0905 | 70.7356 | 84.4829 |
| July | 99.1466 | 97.2022 | 98.6788 |
| August | 99.0191 | 98.5532 | 98.6833 |
| September | 99.0033 | 97.8778 | 98.5850 |
| October | 98.8255 | 97.4372 | 98.1600 |
| November | 99.1444 | 97.6726 | 98.3726 |
| December | 98.7243 | 97.7908 | 98.2530 |