2020 GMD to AOA Historical Review

YEARLY HIGH

12.8840 AOA

YEARLY LOW

9.4093 AOA

YEARLY AVERAGE

11.2390 AOA

2020 GMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 12.8840. Conversely, the yearly low was recorded on January 5, dropping to 9.4093.

This high-to-low spread represents a total annual volatility of 3.4747 AOA. From a start-to-finish perspective, comparing the January average rate of 9.5519 to the December average rate of 12.6628, the exchange rate registered a net change of 32.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.8840 was up 32.51% compared to the 2019 peak of 9.7233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,420 AOA

2019 Average 36,342 AOA

Yearly Trough Low 47,047 AOA

Transaction Impact: A difference of 17,373.38 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.1007

9.2293

JanuMarcMayJulySeptNove

GMD 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 10.4359, compared to 12.0421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6063 points.

H1 Avg (Jan–Jun) 10.4359

H2 Avg (Jul–Dec) 12.0421

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.9226 AOA (High: 11.5967 / Low: 10.6741). On the other end, February was the most stable month, with a tight range of 0.0607 AOA (High: 9.7135 / Low: 9.6528).

August Spread (Volatile) ±0.9226

February Spread (Stable) ±0.0607

Growth Streaks & Declines

Trends

Between 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 0.4260 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 12.7781) against the same month in 2019 (average: 9.2528), the exchange rate shifted by +3.5253 (+38.10%).

2020 Avg (November) 12.7781

2019 Avg (November) 9.2528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7121	9.4093	9.5519
February	9.7135	9.6528	9.6913
March	10.5438	9.6449	9.9885
April	11.1267	10.5266	10.9499
May	11.4587	10.5723	11.0003
June	11.7392	11.0909	11.4334
July	11.3322	10.6721	11.0074
August	11.5967	10.6741	11.3086
September	12.1268	11.6844	11.9810
October	12.8600	12.1803	12.5150
November	12.8840	12.4832	12.7781
December	12.7438	12.6268	12.6628