2021 GHS to AOA Historical Review

YEARLY HIGH

114.0521 AOA

YEARLY LOW

89.2077 AOA

YEARLY AVERAGE

105.9335 AOA

2021 GHS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 114.0521. Conversely, the yearly low was recorded on December 30, dropping to 89.2077.

This high-to-low spread represents a total annual volatility of 24.8443 AOA. From a start-to-finish perspective, comparing the January average rate of 112.0301 to the December average rate of 91.7629, the exchange rate registered a net change of -18.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 114.0521 was down 0.39% compared to the 2020 peak of 114.4968, 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 570,260 AOA

2020 Average 504,127 AOA

Yearly Trough Low 446,039 AOA

Transaction Impact: A difference of 124,221.73 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

114.7859

89.6699

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 111.2838, compared to 100.5832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.7005 points.

H1 Avg (Jan–Jun) 111.2838

H2 Avg (Jul–Dec) 100.5832

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 6.4840 AOA (High: 105.5179 / Low: 99.0339). On the other end, June was the most stable month, with a tight range of 1.2212 AOA (High: 111.4510 / Low: 110.2298).

September Spread (Volatile) ±6.4840

June Spread (Stable) ±1.2212

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 112.6929) against the same month in 2020 (average: 97.8174), the exchange rate shifted by +14.8755 (+15.21%).

2021 Avg (May) 112.6929

2020 Avg (May) 97.8174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	112.7604	110.8575	112.0301
February	113.0448	110.6315	112.4783
March	109.8390	107.1794	108.4107
April	113.9454	108.6539	111.3277
May	114.0521	110.8081	112.6929
June	111.4510	110.2298	110.7628
July	110.1787	106.8013	108.1873
August	107.2487	105.0524	105.8520
September	105.5179	99.0339	102.4407
October	99.0529	97.8089	98.4749
November	98.2236	92.1230	96.7816
December	93.4571	89.2077	91.7629