2020 BAM to AOA Historical Review

YEARLY HIGH

410.9354 AOA

YEARLY LOW

272.0639 AOA

YEARLY AVERAGE

338.7244 AOA

2020 BAM to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BAM to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 410.9354. Conversely, the yearly low was recorded on February 20, dropping to 272.0639.

This high-to-low spread represents a total annual volatility of 138.8715 AOA. From a start-to-finish perspective, comparing the January average rate of 277.5185 to the December average rate of 407.8538, the exchange rate registered a net change of 46.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 410.9354 was up 45.03% compared to the 2019 peak of 283.3373, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 2,054,677 AOA

2019 Average 1,042,954 AOA

Yearly Trough Low 1,360,319 AOA

Transaction Impact: A difference of 694,357.62 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

421.0509

262.6861

JanuMarcMayJulySeptNove

BAM to AOA 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 300.9118, compared to 376.5370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 75.6252 points.

H1 Avg (Jan–Jun) 300.9118

H2 Avg (Jul–Dec) 376.5370

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 31.2666 AOA (High: 366.3958 / Low: 335.1292). On the other end, January was the most stable month, with a tight range of 7.1921 AOA (High: 281.6206 / Low: 274.4286).

August Spread (Volatile) ±31.2666

January Spread (Stable) ±7.1921

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 6.2614 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.2614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 407.8538) against the same month in 2019 (average: 270.4080), the exchange rate shifted by +137.4459 (+50.83%).

2020 Avg (December) 407.8538

2019 Avg (December) 270.4080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.6206	274.4286	277.5185
February	280.4684	272.0639	275.8832
March	305.2702	276.9005	287.5536
April	316.8036	298.9979	310.1529
May	332.2698	301.9747	314.9278
June	348.6728	327.4915	339.4349
July	338.2829	327.2049	333.1735
August	366.3958	335.1292	354.2447
September	380.3865	367.9271	374.0309
October	399.0719	377.5406	389.6764
November	404.4151	393.2916	400.2426
December	410.9354	400.6651	407.8538