2020 BGN to AOA Historical Review

YEARLY HIGH

411.3212 AOA

YEARLY LOW

271.9798 AOA

YEARLY AVERAGE

338.8264 AOA

2020 BGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 411.3212. Conversely, the yearly low was recorded on February 20, dropping to 271.9798.

This high-to-low spread represents a total annual volatility of 139.3414 AOA. From a start-to-finish perspective, comparing the January average rate of 277.5056 to the December average rate of 407.8352, 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 411.3212 was up 44.96% compared to the 2019 peak of 283.7438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,056,606 AOA

2019 Average 1,042,714 AOA

Yearly Trough Low 1,359,899 AOA

Transaction Impact: A difference of 696,707.11 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

421.0063

262.9536

JanuMarcMayJulySeptNove

BGN 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 300.9959, compared to 376.6570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 75.6611 points.

H1 Avg (Jan–Jun) 300.9959

H2 Avg (Jul–Dec) 376.6570

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 32.3052 AOA (High: 366.6400 / Low: 334.3349). On the other end, January was the most stable month, with a tight range of 6.0523 AOA (High: 280.8020 / Low: 274.7496).

August Spread (Volatile) ±32.3052

January Spread (Stable) ±6.0523

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 5.7578 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -5.7578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 407.8352) against the same month in 2019 (average: 270.4507), the exchange rate shifted by +137.3846 (+50.80%).

2020 Avg (December) 407.8352

2019 Avg (December) 270.4507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	280.8020	274.7496	277.5056
February	281.1077	271.9798	276.1247
March	305.2511	277.9506	287.4296
April	317.8346	299.3576	310.3013
May	331.9599	302.1672	315.1845
June	349.7324	328.7441	339.4295
July	337.6895	329.5105	333.6716
August	366.6400	334.3349	354.4543
September	379.7668	367.7127	373.6014
October	399.0353	377.6199	389.7844
November	404.0659	393.6250	400.5949
December	411.3212	404.4097	407.8352