2023 SOS to AOA Historical Review

YEARLY HIGH

1.4682 AOA

YEARLY LOW

0.8789 AOA

YEARLY AVERAGE

1.2035 AOA

2023 SOS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1.4682. Conversely, the yearly low was recorded on February 4, dropping to 0.8789.

This high-to-low spread represents a total annual volatility of 0.5893 AOA. From a start-to-finish perspective, comparing the January average rate of 0.8859 to the December average rate of 1.4534, the exchange rate registered a net change of 64.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4682 was up 53.21% compared to the 2022 peak of 0.9583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,341 AOA

2022 Average 4,003 AOA

Yearly Trough Low 4,394 AOA

Transaction Impact: A difference of 2,946.72 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5115

0.8290

JanuMarcMayJulySeptNove

SOS 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 0.9548, compared to 1.4521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4973 points.

H1 Avg (Jan–Jun) 0.9548

H2 Avg (Jul–Dec) 1.4521

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4165 AOA (High: 1.4521 / Low: 1.0355). On the other end, January was the most stable month, with a tight range of 0.0046 AOA (High: 0.8891 / Low: 0.8844).

June Spread (Volatile) ±0.4165

January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0025 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.4547) against the same month in 2022 (average: 0.8812), the exchange rate shifted by +0.5735 (+65.08%).

2023 Avg (November) 1.4547

2022 Avg (November) 0.8812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8891	0.8844	0.8859
February	0.8989	0.8789	0.8880
March	0.9005	0.8862	0.8907
April	0.9021	0.8900	0.8935
May	1.0269	0.8932	0.9325
June	1.4521	1.0355	1.2383
July	1.4627	1.4467	1.4514
August	1.4594	1.4432	1.4509
September	1.4614	1.4475	1.4525
October	1.4563	1.4439	1.4500
November	1.4682	1.4473	1.4547
December	1.4580	1.4470	1.4534