YEARLY HIGH
3.6079 AOA
YEARLY LOW
2.6023 AOA
YEARLY AVERAGE
3.0027 AOA

2022 JMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 3.6079. Conversely, the yearly low was recorded on April 24, dropping to 2.6023.

This high-to-low spread represents a total annual volatility of 1.0056 AOA. From a start-to-finish perspective, comparing the January average rate of 3.4709 to the December average rate of 3.2919, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.6079 was down 21.94% compared to the 2021 peak of 4.6221, 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 18,039 AOA
2021 Average 20,813 AOA
Yearly Trough Low 13,011 AOA
Transaction Impact: A difference of 5,028.01 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.5519
2.5793
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 3.0038, compared to 3.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 3.0038
H2 Avg (Jul–Dec) 3.0017

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.3317 AOA (High: 3.1699 / Low: 2.8382). On the other end, December was the most stable month, with a tight range of 0.0458 AOA (High: 3.3200 / Low: 3.2742).

October Spread (Volatile) ±0.3317
December Spread (Stable) ±0.0458

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2953 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2953

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 3.4709) against the same month in 2021 (average: 4.5484), the exchange rate shifted by -1.0776 (-23.69%).

2022 Avg (January) 3.4709
2021 Avg (January) 4.5484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6079 3.3839 3.4709
February 3.3747 3.1952 3.2908
March 3.2093 2.9188 3.0376
April 2.9003 2.6023 2.7423
May 2.7536 2.6060 2.6603
June 2.8540 2.7570 2.8210
July 2.8713 2.8135 2.8405
August 2.8535 2.8065 2.8299
September 2.9012 2.8197 2.8404
October 3.1699 2.8382 2.9513
November 3.3272 3.1722 3.2559
December 3.3200 3.2742 3.2919