YEARLY HIGH
0.0356 ZAR
YEARLY LOW
0.0222 ZAR
YEARLY AVERAGE
0.0287 ZAR

2020 AOA to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0356. Conversely, the yearly low was recorded on December 19, dropping to 0.0222.

This high-to-low spread represents a total annual volatility of 0.0134 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0295 to the December average rate of 0.0227, the exchange rate registered a net change of -23.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0356 was down 24.65% compared to the 2019 peak of 0.0472, 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 178 ZAR
2019 Average 202 ZAR
Yearly Trough Low 111 ZAR
Transaction Impact: A difference of 67.05 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0344
0.0216
JanuMarcMayJulySeptNove

AOA to ZAR 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 0.0312, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0312
H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0047 ZAR (High: 0.0341 / Low: 0.0294). On the other end, December was the most stable month, with a tight range of 0.0012 ZAR (High: 0.0234 / Low: 0.0222).

May Spread (Volatile) ±0.0047
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0334) against the same month in 2019 (average: 0.0443), the exchange rate shifted by -0.0110 (-24.73%).

2020 Avg (April) 0.0334
2019 Avg (April) 0.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0303 0.0290 0.0295
February 0.0318 0.0298 0.0304
March 0.0345 0.0310 0.0328
April 0.0356 0.0321 0.0334
May 0.0341 0.0294 0.0322
June 0.0300 0.0277 0.0290
July 0.0309 0.0287 0.0294
August 0.0309 0.0278 0.0294
September 0.0276 0.0258 0.0270
October 0.0264 0.0244 0.0254
November 0.0245 0.0230 0.0235
December 0.0234 0.0222 0.0227