2020 BND to AOA Historical Review

YEARLY HIGH

495.8461 AOA

YEARLY LOW

350.7401 AOA

YEARLY AVERAGE

420.2350 AOA

2020 BND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 495.8461. Conversely, the yearly low was recorded on March 16, dropping to 350.7401.

This high-to-low spread represents a total annual volatility of 145.1060 AOA. From a start-to-finish perspective, comparing the January average rate of 361.8805 to the December average rate of 491.8976, the exchange rate registered a net change of 35.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 495.8461 was up 35.53% compared to the 2019 peak of 365.8463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,479,230 AOA

2019 Average 1,331,652 AOA

Yearly Trough Low 1,753,700 AOA

Transaction Impact: A difference of 725,530.00 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

505.4856

342.4307

JanuMarcMayJulySeptNove

BND 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 381.8756, compared to 458.5944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 76.7189 points.

H1 Avg (Jan–Jun) 381.8756

H2 Avg (Jul–Dec) 458.5944

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 39.0623 AOA (High: 442.0053 / Low: 402.9430). On the other end, December was the most stable month, with a tight range of 7.0383 AOA (High: 495.1268 / Low: 488.0884).

August Spread (Volatile) ±39.0623

December Spread (Stable) ±7.0383

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 13.1727 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -13.1727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 490.8923) against the same month in 2019 (average: 347.9600), the exchange rate shifted by +142.9323 (+41.08%).

2020 Avg (November) 490.8923

2019 Avg (November) 347.9600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	368.0546	356.6182	361.8805
February	363.1132	351.6421	356.0186
March	378.3868	350.7401	359.1661
April	399.7217	374.3465	392.1078
May	416.6822	385.0317	398.6569
June	434.5810	407.8988	423.4236
July	419.3305	401.9962	410.2509
August	442.0053	402.9430	427.8552
September	461.6536	445.3810	454.1941
October	487.8365	462.1787	476.4765
November	495.8461	482.8617	490.8923
December	495.1268	488.0884	491.8976