2020 CLP to AOA Historical Review

YEARLY HIGH

0.9207 AOA

YEARLY LOW

0.5833 AOA

YEARLY AVERAGE

0.7336 AOA

2020 CLP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9207. Conversely, the yearly low was recorded on March 18, dropping to 0.5833.

This high-to-low spread represents a total annual volatility of 0.3374 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6319 to the December average rate of 0.8976, the exchange rate registered a net change of 42.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9207 was up 34.88% compared to the 2019 peak of 0.6826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 920,702 AOA

2019 Average 515,879 AOA

Yearly Trough Low 583,309 AOA

Transaction Impact: A difference of 337,392.82 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9268

0.5761

JanuMarcMayJulySeptNove

CLP 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 0.6569, compared to 0.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1536 points.

H1 Avg (Jan–Jun) 0.6569

H2 Avg (Jul–Dec) 0.8104

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0725 AOA (High: 0.7272 / Low: 0.6546). On the other end, July was the most stable month, with a tight range of 0.0208 AOA (High: 0.7391 / Low: 0.7183).

May Spread (Volatile) ±0.0725

July Spread (Stable) ±0.0208

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 February and March, when the average rate fell by 0.0144 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8976) against the same month in 2019 (average: 0.6205), the exchange rate shifted by +0.2771 (+44.65%).

2020 Avg (December) 0.8976

2019 Avg (December) 0.6205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6511	0.6195	0.6319
February	0.6383	0.6023	0.6197
March	0.6471	0.5833	0.6053
April	0.6710	0.6197	0.6547
May	0.7272	0.6546	0.6893
June	0.7745	0.7036	0.7402
July	0.7391	0.7183	0.7268
August	0.7737	0.7137	0.7462
September	0.8240	0.7847	0.8018
October	0.8606	0.7922	0.8228
November	0.8850	0.8418	0.8674
December	0.9207	0.8616	0.8976