2023 SGD to AOA Historical Review

YEARLY HIGH

630.6409 AOA

YEARLY LOW

373.3540 AOA

YEARLY AVERAGE

509.8031 AOA

2023 SGD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 630.6409. Conversely, the yearly low was recorded on February 28, dropping to 373.3540.

This high-to-low spread represents a total annual volatility of 257.2870 AOA. From a start-to-finish perspective, comparing the January average rate of 380.3498 to the December average rate of 624.1621, the exchange rate registered a net change of 64.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 630.6409 was up 53.43% compared to the 2022 peak of 411.0305, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,153,205 AOA

2022 Average 1,672,720 AOA

Yearly Trough Low 1,866,770 AOA

Transaction Impact: A difference of 1,286,434.91 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

648.8474

352.6234

JanuMarcMayJulySeptNove

SGD 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 406.0181, compared to 613.5882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 207.5701 points.

H1 Avg (Jan–Jun) 406.0181

H2 Avg (Jul–Dec) 613.5882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 172.9195 AOA (High: 610.4866 / Low: 437.5672). On the other end, April was the most stable month, with a tight range of 4.2714 AOA (High: 383.4267 / Low: 379.1552).

June Spread (Volatile) ±172.9195

April Spread (Stable) ±4.2714

Growth Streaks & Declines

Trends

Between 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 7.0809 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.0809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 624.1621) against the same month in 2022 (average: 373.1100), the exchange rate shifted by +251.0521 (+67.29%).

2023 Avg (December) 624.1621

2022 Avg (December) 373.1100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	384.6821	374.2913	380.3498
February	386.3110	373.3540	378.8227
March	381.8738	373.9036	377.3088
April	383.4267	379.1552	381.0560
May	431.8494	380.9407	395.5892
June	610.4866	437.5672	522.9821
July	624.7195	609.4193	618.3719
August	619.2895	608.1656	611.2911
September	609.7406	602.9828	607.3865
October	608.0235	601.7140	604.7170
November	623.0780	607.4456	615.6004
December	630.6409	618.0477	624.1621