2020 AOA to BTN Historical Review

YEARLY HIGH

0.1505 BTN

YEARLY LOW

0.1112 BTN

YEARLY AVERAGE

0.1292 BTN

2020 AOA to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.1505. Conversely, the yearly low was recorded on November 9, dropping to 0.1112.

This high-to-low spread represents a total annual volatility of 0.0393 BTN. From a start-to-finish perspective, comparing the January average rate of 0.1457 to the December average rate of 0.1123, the exchange rate registered a net change of -22.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1505 was down 34.49% compared to the 2019 peak of 0.2297, 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 753 BTN

2019 Average 986 BTN

Yearly Trough Low 556 BTN

Transaction Impact: A difference of 196.64 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1496

0.1089

JanuMarcMayJulySeptNove

AOA to BTN 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 0.1392, compared to 0.1192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.1392

H2 Avg (Jul–Dec) 0.1192

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0132 BTN (High: 0.1352 / Low: 0.1220). On the other end, December was the most stable month, with a tight range of 0.0015 BTN (High: 0.1131 / Low: 0.1117).

August Spread (Volatile) ±0.0132

December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0098 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1462) against the same month in 2019 (average: 0.2200), the exchange rate shifted by -0.0738 (-33.54%).

2020 Avg (March) 0.1462

2019 Avg (March) 0.2200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1489	0.1434	0.1457
February	0.1466	0.1433	0.1445
March	0.1505	0.1386	0.1462
April	0.1417	0.1341	0.1364
May	0.1382	0.1282	0.1339
June	0.1323	0.1252	0.1284
July	0.1352	0.1277	0.1316
August	0.1352	0.1220	0.1273
September	0.1209	0.1169	0.1184
October	0.1169	0.1113	0.1136
November	0.1143	0.1112	0.1122
December	0.1131	0.1117	0.1123