2019 AFN to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 AFN to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 6.3589. Conversely, the yearly low was recorded on May 24, dropping to 4.0739.
This high-to-low spread represents a total annual volatility of 2.2850 AOA. From a start-to-finish perspective, comparing the January average rate of 4.1092 to the December average rate of 6.0606, the exchange rate registered a net change of 47.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 6.3589 was up 30.98% compared to the 2018 peak of 4.8548, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
AFN 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 4.1610, compared to 5.1922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0312 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 1.5244 AOA (High: 6.3559 / Low: 4.8315). On the other end, March was the most stable month, with a tight range of 0.0629 AOA (High: 4.2114 / Low: 4.1485).
Growth Streaks & Declines
TrendsBetween April and December, 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 March and April, when the average rate fell by 0.0595 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 6.0474) against the same month in 2018 (average: 4.1187), the exchange rate shifted by +1.9287 (+46.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.1470 | 4.0813 | 4.1092 |
| February | 4.2214 | 4.1449 | 4.1850 |
| March | 4.2114 | 4.1485 | 4.1895 |
| April | 4.1826 | 4.0987 | 4.1300 |
| May | 4.2047 | 4.0739 | 4.1406 |
| June | 4.2717 | 4.1567 | 4.2114 |
| July | 4.3731 | 4.2122 | 4.3096 |
| August | 4.6846 | 4.3956 | 4.5786 |
| September | 4.8164 | 4.6441 | 4.6941 |
| October | 6.3559 | 4.8315 | 5.4629 |
| November | 6.3589 | 5.8873 | 6.0474 |
| December | 6.2492 | 5.8239 | 6.0606 |