2020 AOA to NGN Historical Review

YEARLY HIGH

0.7592 NGN

YEARLY LOW

0.5708 NGN

YEARLY AVERAGE

0.6627 NGN

2020 AOA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7592. Conversely, the yearly low was recorded on November 10, dropping to 0.5708.

This high-to-low spread represents a total annual volatility of 0.1885 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7411 to the December average rate of 0.5857, the exchange rate registered a net change of -20.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7592 was down 35.65% compared to the 2019 peak of 1.1799, 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 3,796 NGN

2019 Average 5,050 NGN

Yearly Trough Low 2,854 NGN

Transaction Impact: A difference of 942.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7575

0.5611

JanuMarcMayJulySeptNove

AOA to NGN 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 0.7070, compared to 0.6183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0887 points.

H1 Avg (Jan–Jun) 0.7070

H2 Avg (Jul–Dec) 0.6183

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0710 NGN (High: 0.7495 / Low: 0.6785). On the other end, February was the most stable month, with a tight range of 0.0126 NGN (High: 0.7427 / Low: 0.7301).

March Spread (Volatile) ±0.0710

February Spread (Stable) ±0.0126

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 0.0400 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.7411) against the same month in 2019 (average: 1.1715), the exchange rate shifted by -0.4304 (-36.74%).

2020 Avg (January) 0.7411

2019 Avg (January) 1.1715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7592	0.7282	0.7411
February	0.7427	0.7301	0.7361
March	0.7495	0.6785	0.7293
April	0.7247	0.6559	0.6894
May	0.7132	0.6614	0.6892
June	0.6778	0.6368	0.6570
July	0.7021	0.6636	0.6806
August	0.7021	0.6412	0.6575
September	0.6384	0.6070	0.6187
October	0.6066	0.5717	0.5900
November	0.5898	0.5708	0.5775
December	0.6027	0.5770	0.5857