2023 SRD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SRD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SRD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 22.5842. Conversely, the yearly low was recorded on May 10, dropping to 13.4444.
This high-to-low spread represents a total annual volatility of 9.1398 AOA. From a start-to-finish perspective, comparing the January average rate of 15.8359 to the December average rate of 22.2418, the exchange rate registered a net change of 40.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 22.5842 was down 15.20% compared to the 2022 peak of 26.6338, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SRD 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 15.4227, compared to 21.7866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3639 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 6.3187 AOA (High: 21.9030 / Low: 15.5843). On the other end, August was the most stable month, with a tight range of 0.2397 AOA (High: 21.6751 / Low: 21.4354).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 0.8286 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 22.2418) against the same month in 2022 (average: 15.9258), the exchange rate shifted by +6.3160 (+39.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.9666 | 15.5331 | 15.8359 |
| February | 15.7586 | 14.9324 | 15.3964 |
| March | 15.1095 | 14.0591 | 14.6319 |
| April | 14.1944 | 13.5324 | 13.8033 |
| May | 15.6639 | 13.4444 | 14.1985 |
| June | 21.9030 | 15.5843 | 18.6701 |
| July | 22.2767 | 21.3844 | 21.7300 |
| August | 21.6751 | 21.4354 | 21.5782 |
| September | 21.7422 | 21.3756 | 21.6214 |
| October | 21.8376 | 21.5775 | 21.6990 |
| November | 22.0106 | 21.6992 | 21.8492 |
| December | 22.5842 | 21.9253 | 22.2418 |