YEARLY HIGH
0.3313 AOA
YEARLY LOW
0.2003 AOA
YEARLY AVERAGE
0.2728 AOA

2023 SYP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3313. Conversely, the yearly low was recorded on January 23, dropping to 0.2003.

This high-to-low spread represents a total annual volatility of 0.1311 AOA. From a start-to-finish perspective, comparing the January average rate of 0.2005 to the December average rate of 0.3307, the exchange rate registered a net change of 64.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3313 was up 50.15% compared to the 2022 peak of 0.2207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,657 AOA
2022 Average 917 AOA
Yearly Trough Low 1,001 AOA
Transaction Impact: A difference of 655.37 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3438
0.1875
JanuMarcMayJulySeptNove

SYP 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 0.2160, compared to 0.3296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1135 points.

H1 Avg (Jan–Jun) 0.2160
H2 Avg (Jul–Dec) 0.3296

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0939 AOA (High: 0.3286 / Low: 0.2346). On the other end, January was the most stable month, with a tight range of 0.0005 AOA (High: 0.2008 / Low: 0.2003).

June Spread (Volatile) ±0.0939
January Spread (Stable) ±0.0005

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 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3303) against the same month in 2022 (average: 0.1991), the exchange rate shifted by +0.1312 (+65.88%).

2023 Avg (November) 0.3303
2022 Avg (November) 0.1991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2008 0.2003 0.2005
February 0.2020 0.2004 0.2010
March 0.2020 0.2006 0.2014
April 0.2028 0.2013 0.2020
May 0.2323 0.2023 0.2110
June 0.3286 0.2346 0.2803
July 0.3290 0.3278 0.3286
August 0.3295 0.3283 0.3287
September 0.3307 0.3284 0.3296
October 0.3303 0.3286 0.3295
November 0.3313 0.3294 0.3303
December 0.3313 0.3299 0.3307