2023 SCR to AOA Historical Review

YEARLY HIGH

65.2035 AOA

YEARLY LOW

35.6011 AOA

YEARLY AVERAGE

51.0938 AOA

2023 SCR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 65.2035. Conversely, the yearly low was recorded on February 13, dropping to 35.6011.

This high-to-low spread represents a total annual volatility of 29.6025 AOA. From a start-to-finish perspective, comparing the January average rate of 37.2207 to the December average rate of 61.8719, the exchange rate registered a net change of 66.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 65.2035 was up 58.04% compared to the 2022 peak of 41.2566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326,018 AOA

2022 Average 170,016 AOA

Yearly Trough Low 178,005 AOA

Transaction Impact: A difference of 148,012.33 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

65.6149

34.6394

JanuMarcMayJulySeptNove

SCR 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 40.0661, compared to 62.1215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.0555 points.

H1 Avg (Jan–Jun) 40.0661

H2 Avg (Jul–Dec) 62.1215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 20.6980 AOA (High: 62.7651 / Low: 42.0671). On the other end, August was the most stable month, with a tight range of 2.3507 AOA (High: 62.8529 / Low: 60.5022).

June Spread (Volatile) ±20.6980

August Spread (Stable) ±2.3507

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8961 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 63.0336) against the same month in 2022 (average: 32.1015), the exchange rate shifted by +30.9321 (+96.36%).

2023 Avg (September) 63.0336

2022 Avg (September) 32.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.0061	35.6382	37.2207
February	38.8753	35.6011	37.2849
March	38.9443	35.9722	37.6072
April	39.2201	36.0672	37.5830
May	43.3657	36.5046	39.2929
June	62.7651	42.0671	51.4078
July	63.3554	58.3286	61.7887
August	62.8529	60.5022	61.7598
September	65.2035	60.8521	63.0336
October	64.9877	59.9510	62.1375
November	63.4925	60.3866	62.1376
December	64.3822	59.4173	61.8719