2020 AOA to VEF Historical Review

YEARLY HIGH

515.2918 VEF

YEARLY LOW

372.6150 VEF

YEARLY AVERAGE

433.8527 VEF

2020 AOA to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 515.2918. Conversely, the yearly low was recorded on November 3, dropping to 372.6150.

This high-to-low spread represents a total annual volatility of 142.6768 VEF. From a start-to-finish perspective, comparing the January average rate of 508.3676 to the December average rate of 379.1373, the exchange rate registered a net change of -25.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 515.2918 was down 36.00% compared to the 2019 peak of 805.1912, 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 2,576,459 VEF

2019 Average 3,486,304 VEF

Yearly Trough Low 1,863,075 VEF

Transaction Impact: A difference of 713,384.14 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

521.6377

362.3961

JanuMarcMayJulySeptNove

AOA to VEF 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 467.7510, compared to 399.9544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 67.7966 points.

H1 Avg (Jan–Jun) 467.7510

H2 Avg (Jul–Dec) 399.9544

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 42.1617 VEF (High: 505.1707 / Low: 463.0089). On the other end, December was the most stable month, with a tight range of 3.4181 VEF (High: 380.2034 / Low: 376.7853).

March Spread (Volatile) ±42.1617

December Spread (Stable) ±3.4181

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 43.9845 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -43.9845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 508.3676) against the same month in 2019 (average: 801.0721), the exchange rate shifted by -292.7045 (-36.54%).

2020 Avg (January) 508.3676

2019 Avg (January) 801.0721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	515.2918	500.4247	508.3676
February	504.4103	500.6193	502.4621
March	505.1707	463.0089	489.0753
April	463.0089	437.8946	445.0908
May	455.9406	421.4033	440.1288
June	434.6203	409.8224	421.3814
July	449.4098	425.1649	436.3286
August	449.4098	413.6566	424.1720
September	410.5537	396.1478	400.6891
October	394.1045	373.3815	383.7330
November	384.4653	372.6150	375.6662
December	380.2034	376.7853	379.1373