2020 HKD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HKD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HKD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 86.0112. Conversely, the yearly low was recorded on January 1, dropping to 61.8821.
This high-to-low spread represents a total annual volatility of 24.1291 AOA. From a start-to-finish perspective, comparing the January average rate of 62.8891 to the December average rate of 84.5442, the exchange rate registered a net change of 34.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 86.0112 was up 35.58% compared to the 2019 peak of 63.4397, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HKD to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68.8351, compared to 80.4268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.5917 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was August, with a trading range of 6.1680 AOA (High: 77.5086 / Low: 71.3406). On the other end, February was the most stable month, with a tight range of 0.7358 AOA (High: 63.9332 / Low: 63.1974).
Growth Streaks & Declines
TrendsBetween 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 2.6212 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 85.3271) against the same month in 2019 (average: 60.5028), the exchange rate shifted by +24.8243 (+41.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.8878 | 61.8821 | 62.8891 |
| February | 63.9332 | 63.1974 | 63.6065 |
| March | 69.2312 | 63.2100 | 65.5047 |
| April | 73.2117 | 69.2280 | 72.0409 |
| May | 76.0500 | 70.3149 | 72.8554 |
| June | 78.2316 | 73.7689 | 76.1138 |
| July | 75.4062 | 71.3406 | 73.4926 |
| August | 77.5086 | 71.3406 | 75.6024 |
| September | 80.9338 | 78.0892 | 80.0255 |
| October | 85.8335 | 81.3538 | 83.5690 |
| November | 86.0112 | 83.3866 | 85.3271 |
| December | 85.0817 | 84.3167 | 84.5442 |