2020 EGP to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 42.6496. Conversely, the yearly low was recorded on January 6, dropping to 29.9995.
This high-to-low spread represents a total annual volatility of 12.6501 AOA. From a start-to-finish perspective, comparing the January average rate of 30.7529 to the December average rate of 41.7727, the exchange rate registered a net change of 35.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 42.6496 was up 38.26% compared to the 2019 peak of 30.8467, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EGP to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 33.7448, compared to 39.4898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7449 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was August, with a trading range of 3.2617 AOA (High: 37.8486 / Low: 34.5869). On the other end, February was the most stable month, with a tight range of 0.3657 AOA (High: 31.6888 / Low: 31.3231).
Growth Streaks & Declines
TrendsBetween 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 0.9053 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 42.2639) against the same month in 2019 (average: 29.3708), the exchange rate shifted by +12.8932 (+43.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.4866 | 29.9995 | 30.7529 |
| February | 31.6888 | 31.3231 | 31.5352 |
| March | 34.4850 | 31.3419 | 32.4263 |
| April | 36.0134 | 34.0803 | 35.4194 |
| May | 37.2294 | 34.5893 | 35.8428 |
| June | 37.4757 | 35.2004 | 36.4924 |
| July | 36.2686 | 34.5869 | 35.5872 |
| August | 37.8486 | 34.5869 | 36.7707 |
| September | 39.8083 | 38.1330 | 39.3096 |
| October | 42.4925 | 40.0305 | 41.2344 |
| November | 42.6496 | 41.3262 | 42.2639 |
| December | 42.0494 | 41.5606 | 41.7727 |