2019 JMD to AOA Historical Review

YEARLY HIGH

3.6567 AOA

YEARLY LOW

2.2884 AOA

YEARLY AVERAGE

2.7222 AOA

2019 JMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.6567. Conversely, the yearly low was recorded on February 5, dropping to 2.2884.

This high-to-low spread represents a total annual volatility of 1.3682 AOA. From a start-to-finish perspective, comparing the January average rate of 2.3859 to the December average rate of 3.4780, the exchange rate registered a net change of 45.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.6567 was up 47.23% compared to the 2018 peak of 2.4837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,283 AOA

2018 Average 9,761 AOA

Yearly Trough Low 11,442 AOA

Transaction Impact: A difference of 6,841.20 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.5912

2.2328

JanuMarcMayJulySeptNove

JMD 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 2.4503, compared to 2.9942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5440 points.

H1 Avg (Jan–Jun) 2.4503

H2 Avg (Jul–Dec) 2.9942

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.7966 AOA (High: 3.6196 / Low: 2.8230). On the other end, July was the most stable month, with a tight range of 0.0758 AOA (High: 2.6261 / Low: 2.5503).

October Spread (Volatile) ±0.7966

July Spread (Stable) ±0.0758

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0411 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 3.4780) against the same month in 2018 (average: 2.4165), the exchange rate shifted by +1.0615 (+43.93%).

2019 Avg (December) 3.4780

2018 Avg (December) 2.4165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4351	2.3327	2.3859
February	2.4318	2.2884	2.3460
March	2.5504	2.4279	2.5038
April	2.5346	2.3928	2.4627
May	2.4699	2.3811	2.4260
June	2.6354	2.4399	2.5773
July	2.6261	2.5503	2.5932
August	2.7138	2.5944	2.6644
September	2.8056	2.6641	2.7069
October	3.6196	2.8230	3.1450
November	3.5849	3.2777	3.3779
December	3.6567	3.2659	3.4780