2021 CDF to AOA Historical Review

YEARLY HIGH

0.3338 AOA

YEARLY LOW

0.2750 AOA

YEARLY AVERAGE

0.3147 AOA

2021 CDF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.3338. Conversely, the yearly low was recorded on December 31, dropping to 0.2750.

This high-to-low spread represents a total annual volatility of 0.0588 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3323 to the December average rate of 0.2818, the exchange rate registered a net change of -15.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3338 was down 24.08% compared to the 2020 peak of 0.4396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,669 AOA

2020 Average 1,562 AOA

Yearly Trough Low 1,375 AOA

Transaction Impact: A difference of 294.03 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3373

0.2767

JanuMarcMayJulySeptNove

CDF 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 0.3245, compared to 0.3049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.3245

H2 Avg (Jul–Dec) 0.3049

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0191 AOA (High: 0.3191 / Low: 0.3001). On the other end, August was the most stable month, with a tight range of 0.0031 AOA (High: 0.3217 / Low: 0.3185).

September Spread (Volatile) ±0.0191

August Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0159 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3323) against the same month in 2020 (average: 0.2899), the exchange rate shifted by +0.0424 (+14.63%).

2021 Avg (January) 0.3323

2020 Avg (January) 0.2899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3338	0.3297	0.3323
February	0.3318	0.3208	0.3291
March	0.3175	0.3091	0.3132
April	0.3315	0.3145	0.3233
May	0.3293	0.3208	0.3260
June	0.3264	0.3215	0.3233
July	0.3255	0.3194	0.3222
August	0.3217	0.3185	0.3204
September	0.3191	0.3001	0.3104
October	0.3021	0.2967	0.2992
November	0.2987	0.2823	0.2956
December	0.2852	0.2750	0.2818