2021 AOA to SZL Historical Review

YEARLY HIGH

0.0291 SZL

YEARLY LOW

0.0210 SZL

YEARLY AVERAGE

0.0237 SZL

2021 AOA to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AOA to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0291. Conversely, the yearly low was recorded on June 7, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0080 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0230 to the December average rate of 0.0282, the exchange rate registered a net change of 22.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0291 was down 16.74% compared to the 2020 peak of 0.0349, 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 145 SZL

2020 Average 143 SZL

Yearly Trough Low 105 SZL

Transaction Impact: A difference of 40.22 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0288

0.0209

JanuMarcMayJulySeptNove

AOA to SZL 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 0.0226, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0226

H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0033 SZL (High: 0.0284 / Low: 0.0251). On the other end, May was the most stable month, with a tight range of 0.0007 SZL (High: 0.0221 / Low: 0.0214).

November Spread (Volatile) ±0.0033

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0282) against the same month in 2020 (average: 0.0227), the exchange rate shifted by +0.0054 (+23.88%).

2021 Avg (December) 0.0282

2020 Avg (December) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0235	0.0223	0.0230
February	0.0236	0.0221	0.0227
March	0.0251	0.0235	0.0241
April	0.0234	0.0217	0.0225
May	0.0221	0.0214	0.0216
June	0.0222	0.0210	0.0215
July	0.0233	0.0220	0.0226
August	0.0241	0.0225	0.0232
September	0.0253	0.0225	0.0235
October	0.0254	0.0242	0.0249
November	0.0284	0.0251	0.0262
December	0.0291	0.0275	0.0282