2023 STD to AOA Historical Review

YEARLY HIGH

0.0374 AOA

YEARLY LOW

0.0220 AOA

YEARLY AVERAGE

0.0304 AOA

2023 STD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0374. Conversely, the yearly low was recorded on January 23, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0153 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0373, the exchange rate registered a net change of 68.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0374 was up 42.64% compared to the 2022 peak of 0.0262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187 AOA

2022 Average 104 AOA

Yearly Trough Low 110 AOA

Transaction Impact: A difference of 76.58 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0388

0.0206

JanuMarcMayJulySeptNove

STD 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 0.0238, compared to 0.0370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0103 AOA (High: 0.0362 / Low: 0.0258). On the other end, January was the most stable month, with a tight range of 0.0001 AOA (High: 0.0221 / Low: 0.0220).

June Spread (Volatile) ±0.0103

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0372) against the same month in 2022 (average: 0.0219), the exchange rate shifted by +0.0153 (+69.95%).

2023 Avg (November) 0.0372

2022 Avg (November) 0.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0220	0.0221
February	0.0222	0.0221	0.0221
March	0.0222	0.0221	0.0222
April	0.0223	0.0222	0.0222
May	0.0256	0.0223	0.0232
June	0.0362	0.0258	0.0309
July	0.0371	0.0361	0.0363
August	0.0372	0.0370	0.0371
September	0.0373	0.0370	0.0372
October	0.0372	0.0370	0.0372
November	0.0374	0.0371	0.0372
December	0.0374	0.0372	0.0373