2020 AOA to ETB Historical Review

YEARLY HIGH

0.0665 ETB

YEARLY LOW

0.0557 ETB

YEARLY AVERAGE

0.0606 ETB

2020 AOA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0665. Conversely, the yearly low was recorded on November 8, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0109 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0656 to the December average rate of 0.0591, the exchange rate registered a net change of -9.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0665 was down 27.71% compared to the 2019 peak of 0.0920, 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 333 ETB

2019 Average 408 ETB

Yearly Trough Low 278 ETB

Transaction Impact: A difference of 54.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0664

0.0564

JanuMarcMayJulySeptNove

AOA to ETB 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 0.0620, compared to 0.0593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0620

H2 Avg (Jul–Dec) 0.0593

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0052 ETB (High: 0.0662 / Low: 0.0610). On the other end, February was the most stable month, with a tight range of 0.0020 ETB (High: 0.0658 / Low: 0.0638).

March Spread (Volatile) ±0.0052

February Spread (Stable) ±0.0020

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 0.0050 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0656) against the same month in 2019 (average: 0.0914), the exchange rate shifted by -0.0258 (-28.26%).

2020 Avg (January) 0.0656

2019 Avg (January) 0.0914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0665	0.0644	0.0656
February	0.0658	0.0638	0.0649
March	0.0662	0.0610	0.0642
April	0.0616	0.0575	0.0592
May	0.0622	0.0577	0.0598
June	0.0605	0.0567	0.0583
July	0.0638	0.0596	0.0618
August	0.0638	0.0599	0.0610
September	0.0606	0.0579	0.0591
October	0.0585	0.0563	0.0575
November	0.0591	0.0557	0.0573
December	0.0602	0.0581	0.0591