2020 AOA to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AOA to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AOA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 19.9056. Conversely, the yearly low was recorded on November 16, dropping to 14.6347.
This high-to-low spread represents a total annual volatility of 5.2709 GNF. From a start-to-finish perspective, comparing the January average rate of 19.4044 to the December average rate of 15.1726, the exchange rate registered a net change of -21.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 19.9056 was down 33.23% compared to the 2019 peak of 29.8135, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AOA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AOA to GNF 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 17.8653, compared to 15.6818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1835 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.9343 GNF (High: 19.4727 / Low: 17.5384). On the other end, December was the most stable month, with a tight range of 0.2930 GNF (High: 15.2895 / Low: 14.9966).
Growth Streaks & Declines
TrendsNo 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 1.6474 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 19.4044) against the same month in 2019 (average: 29.5335), the exchange rate shifted by -10.1292 (-34.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.9056 | 18.9370 | 19.4044 |
| February | 19.2636 | 18.9681 | 19.1498 |
| March | 19.4727 | 17.5384 | 18.6529 |
| April | 17.6989 | 16.6870 | 17.0054 |
| May | 17.4546 | 16.1396 | 16.7787 |
| June | 16.6495 | 15.7649 | 16.2006 |
| July | 17.4239 | 16.4627 | 16.9049 |
| August | 17.3895 | 16.0667 | 16.4620 |
| September | 15.9603 | 15.3923 | 15.6426 |
| October | 15.5064 | 14.6881 | 15.1038 |
| November | 15.2124 | 14.6347 | 14.8047 |
| December | 15.2895 | 14.9966 | 15.1726 |