2021 ETB to AOA Historical Review

YEARLY HIGH

16.7329 AOA

YEARLY LOW

2.4907 AOA

YEARLY AVERAGE

14.3787 AOA

2021 ETB to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 16.7329. Conversely, the yearly low was recorded on December 27, dropping to 2.4907.

This high-to-low spread represents a total annual volatility of 14.2422 AOA. From a start-to-finish perspective, comparing the January average rate of 16.6367 to the December average rate of 11.3009, the exchange rate registered a net change of -32.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.7329 was down 6.83% compared to the 2020 peak of 17.9597, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,665 AOA

2020 Average 82,649 AOA

Yearly Trough Low 12,454 AOA

Transaction Impact: A difference of 71,210.93 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.1703

10.7674

JanuMarcMayJulySeptNove

ETB 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 15.6470, compared to 13.1105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5365 points.

H1 Avg (Jan–Jun) 15.6470

H2 Avg (Jul–Dec) 13.1105

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 9.3211 AOA (High: 11.8118 / Low: 2.4907). On the other end, June was the most stable month, with a tight range of 0.1799 AOA (High: 14.8981 / Low: 14.7182).

December Spread (Volatile) ±9.3211

June Spread (Stable) ±0.1799

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1723 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.1723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 16.6367) against the same month in 2020 (average: 15.2490), the exchange rate shifted by +1.3877 (+9.10%).

2021 Avg (January) 16.6367

2020 Avg (January) 15.2490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7329	16.5100	16.6367
February	16.6333	15.7647	16.3632
March	15.6581	14.9299	15.3784
April	15.8384	15.0960	15.4461
May	15.6209	14.7487	15.2590
June	14.8981	14.7182	14.7985
July	14.7814	14.3928	14.5695
August	14.4634	13.9009	14.1190
September	13.9298	12.9433	13.4176
October	12.9654	12.6134	12.7826
November	12.6610	11.8126	12.4732
December	11.8118	2.4907	11.3009