2021 AOA to NGN Historical Review

YEARLY HIGH

0.7482 NGN

YEARLY LOW

0.5777 NGN

YEARLY AVERAGE

0.6454 NGN

2021 AOA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AOA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7482. Conversely, the yearly low was recorded on April 21, dropping to 0.5777.

This high-to-low spread represents a total annual volatility of 0.1705 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5914 to the December average rate of 0.7296, the exchange rate registered a net change of 23.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7482 was down 1.45% compared to the 2020 peak of 0.7592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,741 NGN

2020 Average 3,313 NGN

Yearly Trough Low 2,889 NGN

Transaction Impact: A difference of 852.34 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7434

0.5776

JanuMarcMayJulySeptNove

AOA to NGN 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 0.6135, compared to 0.6772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0637 points.

H1 Avg (Jan–Jun) 0.6135

H2 Avg (Jul–Dec) 0.6772

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0743 NGN (High: 0.6521 / Low: 0.5777). On the other end, August was the most stable month, with a tight range of 0.0048 NGN (High: 0.6489 / Low: 0.6441).

April Spread (Volatile) ±0.0743

August Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0155 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7296) against the same month in 2020 (average: 0.5857), the exchange rate shifted by +0.1439 (+24.57%).

2021 Avg (December) 0.7296

2020 Avg (December) 0.5857

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6064	0.5798	0.5914
February	0.6321	0.5791	0.5982
March	0.6661	0.6040	0.6232
April	0.6521	0.5777	0.6077
May	0.6431	0.5808	0.6215
June	0.6430	0.6326	0.6390
July	0.6443	0.6363	0.6405
August	0.6489	0.6441	0.6460
September	0.6866	0.6491	0.6662
October	0.6906	0.6853	0.6876
November	0.7253	0.6854	0.6936
December	0.7482	0.7207	0.7296

૨૦૨૫ AOA થી NGN ઐતિહાસિક સમીક્ષા