2020 BIF to AOA Historical Review

YEARLY HIGH

0.3442 AOA

YEARLY LOW

0.2558 AOA

YEARLY AVERAGE

0.3021 AOA

2020 BIF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.3442. Conversely, the yearly low was recorded on January 4, dropping to 0.2558.

This high-to-low spread represents a total annual volatility of 0.0884 AOA. From a start-to-finish perspective, comparing the January average rate of 0.2594 to the December average rate of 0.3374, the exchange rate registered a net change of 30.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3442 was up 29.27% compared to the 2019 peak of 0.2663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,721 AOA

2019 Average 989 AOA

Yearly Trough Low 1,279 AOA

Transaction Impact: A difference of 441.79 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3493

0.2512

JanuMarcMayJulySeptNove

BIF 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 0.2818, compared to 0.3224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 0.2818

H2 Avg (Jul–Dec) 0.3224

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0268 AOA (High: 0.2863 / Low: 0.2596). On the other end, February was the most stable month, with a tight range of 0.0027 AOA (High: 0.2633 / Low: 0.2607).

March Spread (Volatile) ±0.0268

February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and June, 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 0.0132 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.3411) against the same month in 2019 (average: 0.2530), the exchange rate shifted by +0.0882 (+34.84%).

2020 Avg (November) 0.3411

2019 Avg (November) 0.2530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2634	0.2558	0.2594
February	0.2633	0.2607	0.2619
March	0.2863	0.2596	0.2689
April	0.3003	0.2832	0.2945
May	0.3104	0.2871	0.2968
June	0.3173	0.2990	0.3093
July	0.3059	0.2869	0.2961
August	0.3115	0.2869	0.3038
September	0.3253	0.3137	0.3211
October	0.3430	0.3260	0.3348
November	0.3442	0.3335	0.3411
December	0.3397	0.3357	0.3374