2023 SEK to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 83.7129. Conversely, the yearly low was recorded on January 5, dropping to 47.1269.
This high-to-low spread represents a total annual volatility of 36.5860 AOA. From a start-to-finish perspective, comparing the January average rate of 48.4917 to the December average rate of 81.1494, the exchange rate registered a net change of 67.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 83.7129 was up 36.65% compared to the 2022 peak of 61.2623, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK 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 51.6691, compared to 77.2235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.5544 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 21.9885 AOA (High: 76.5288 / Low: 54.5403). On the other end, April was the most stable month, with a tight range of 1.4252 AOA (High: 49.7151 / Low: 48.2898).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 2.2073 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 81.1494) against the same month in 2022 (average: 48.5422), the exchange rate shifted by +32.6072 (+67.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.4754 | 47.1269 | 48.4917 |
| February | 48.9207 | 47.4557 | 48.2961 |
| March | 49.0043 | 47.1763 | 48.1468 |
| April | 49.7151 | 48.2898 | 49.0540 |
| May | 53.8228 | 48.9040 | 50.5662 |
| June | 76.5288 | 54.5403 | 65.4596 |
| July | 80.9750 | 75.3617 | 78.4469 |
| August | 78.1980 | 74.6407 | 76.2396 |
| September | 76.0087 | 73.8800 | 74.6573 |
| October | 76.1239 | 73.7001 | 75.0899 |
| November | 80.3528 | 74.3717 | 77.7577 |
| December | 83.7129 | 79.1769 | 81.1494 |