2020 AOA to ARS Historical Review

YEARLY HIGH

0.1309 ARS

YEARLY LOW

0.1147 ARS

YEARLY AVERAGE

0.1219 ARS

2020 AOA to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.1309. Conversely, the yearly low was recorded on April 13, dropping to 0.1147.

This high-to-low spread represents a total annual volatility of 0.0162 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1226 to the December average rate of 0.1260, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1309 was down 21.32% compared to the 2019 peak of 0.1664, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 654 ARS

2019 Average 661 ARS

Yearly Trough Low 574 ARS

Transaction Impact: A difference of 80.76 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1268

0.1165

JanuMarcMayJulySeptNove

AOA to ARS 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 0.1209, compared to 0.1230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1209

H2 Avg (Jul–Dec) 0.1230

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0103 ARS (High: 0.1309 / Low: 0.1206). On the other end, January was the most stable month, with a tight range of 0.0034 ARS (High: 0.1243 / Low: 0.1208).

July Spread (Volatile) ±0.0103

January Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.1253) against the same month in 2019 (average: 0.1225), the exchange rate shifted by +0.0028 (+2.26%).

2020 Avg (July) 0.1253

2019 Avg (July) 0.1225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1243	0.1208	0.1226
February	0.1261	0.1216	0.1239
March	0.1270	0.1192	0.1242
April	0.1201	0.1147	0.1174
May	0.1237	0.1158	0.1196
June	0.1216	0.1153	0.1179
July	0.1309	0.1206	0.1253
August	0.1309	0.1225	0.1250
September	0.1231	0.1192	0.1212
October	0.1219	0.1177	0.1197
November	0.1251	0.1178	0.1207
December	0.1285	0.1243	0.1260