2019 GHS to AOA Historical Review

YEARLY HIGH

90.4459 AOA

YEARLY LOW

22.4857 AOA

YEARLY AVERAGE

67.6672 AOA

2019 GHS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 90.4459. Conversely, the yearly low was recorded on May 19, dropping to 22.4857.

This high-to-low spread represents a total annual volatility of 67.9602 AOA. From a start-to-finish perspective, comparing the January average rate of 63.3030 to the December average rate of 83.5580, the exchange rate registered a net change of 32.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 90.4459 was up 39.45% compared to the 2018 peak of 64.8579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 452,229 AOA

2018 Average 267,997 AOA

Yearly Trough Low 112,429 AOA

Transaction Impact: A difference of 339,800.87 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

88.1535

55.6062

JanuMarcMayJulySeptNove

GHS 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 61.1821, compared to 74.1523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.9702 points.

H1 Avg (Jan–Jun) 61.1821

H2 Avg (Jul–Dec) 74.1523

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 40.9050 AOA (High: 63.3907 / Low: 22.4857). On the other end, July was the most stable month, with a tight range of 1.3748 AOA (High: 64.8157 / Low: 63.4409).

May Spread (Volatile) ±40.9050

July Spread (Stable) ±1.3748

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.6848 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -3.6848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 78.3712) against the same month in 2018 (average: 62.4888), the exchange rate shifted by +15.8824 (+25.42%).

2019 Avg (October) 78.3712

2018 Avg (October) 62.4888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.0702	62.0012	63.3030
February	62.8534	57.0350	59.6182
March	62.3085	55.8693	58.3185
April	63.0552	58.6194	61.6320
May	63.3907	22.4857	61.6201
June	63.1804	61.3430	62.6012
July	64.8157	63.4409	64.2325
August	67.6003	65.2156	66.2960
September	69.4124	66.1412	67.0149
October	90.4459	70.0068	78.3712
November	90.4426	83.1264	85.4412
December	87.5654	80.0069	83.5580