2020 GEL to AOA Historical Review

YEARLY HIGH

205.4031 AOA

YEARLY LOW

155.1098 AOA

YEARLY AVERAGE

185.6306 AOA

2020 GEL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 205.4031. Conversely, the yearly low was recorded on March 25, dropping to 155.1098.

This high-to-low spread represents a total annual volatility of 50.2933 AOA. From a start-to-finish perspective, comparing the January average rate of 169.8735 to the December average rate of 198.9626, the exchange rate registered a net change of 17.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 205.4031 was up 21.61% compared to the 2019 peak of 168.9061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,027,015 AOA

2019 Average 645,330 AOA

Yearly Trough Low 775,549 AOA

Transaction Impact: A difference of 251,466.30 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

204.0022

166.1340

JanuMarcMayJulySeptNove

GEL 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 176.3568, compared to 194.9044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5476 points.

H1 Avg (Jan–Jun) 176.3568

H2 Avg (Jul–Dec) 194.9044

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 23.4219 AOA (High: 178.5317 / Low: 155.1098). On the other end, December was the most stable month, with a tight range of 3.8920 AOA (High: 200.4529 / Low: 196.5609).

March Spread (Volatile) ±23.4219

December Spread (Stable) ±3.8920

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 7.7404 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.7404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 200.8466) against the same month in 2019 (average: 144.3143), the exchange rate shifted by +56.5323 (+39.17%).

2020 Avg (October) 200.8466

2019 Avg (October) 144.3143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	172.4144	167.5690	169.8735
February	177.3344	171.5564	173.9631
March	178.5317	155.1098	169.2897
April	180.1866	163.3729	175.4867
May	184.5593	169.5179	176.3840
June	198.6388	180.8950	193.1439
July	191.2766	178.6494	185.4035
August	194.3802	178.9385	189.5641
September	202.3419	184.8358	195.2582
October	205.4031	192.5227	200.8466
November	205.4031	194.4766	199.3916
December	200.4529	196.5609	198.9626