YEARLY HIGH
701.2810 AOA
YEARLY LOW
434.9457 AOA
YEARLY AVERAGE
514.0878 AOA

2019 JOD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 701.2810. Conversely, the yearly low was recorded on January 1, dropping to 434.9457.

This high-to-low spread represents a total annual volatility of 266.3354 AOA. From a start-to-finish perspective, comparing the January average rate of 437.0995 to the December average rate of 671.3605, the exchange rate registered a net change of 53.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 701.2810 was up 60.27% compared to the 2018 peak of 437.5698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,506,405 AOA
2018 Average 1,776,242 AOA
Yearly Trough Low 2,174,728 AOA
Transaction Impact: A difference of 1,331,676.76 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

694.7866
413.6734
JanuMarcMayJulySeptNove

JOD 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 452.0419, compared to 576.1336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.0916 points.

H1 Avg (Jan–Jun) 452.0419
H2 Avg (Jul–Dec) 576.1336

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 168.0949 AOA (High: 701.2810 / Low: 533.1861). On the other end, February was the most stable month, with a tight range of 3.2297 AOA (High: 443.2645 / Low: 440.0348).

October Spread (Volatile) ±168.0949
February Spread (Stable) ±3.2297

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 603.2368) against the same month in 2018 (average: 427.0061), the exchange rate shifted by +176.2307 (+41.27%).

2019 Avg (October) 603.2368
2018 Avg (October) 427.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 440.0348 434.9457 437.0995
February 443.2645 440.0348 441.8906
March 448.6865 442.9312 445.4755
April 455.8004 447.9883 450.1584
May 466.0833 455.7040 461.2689
June 479.9316 466.0833 476.3587
July 493.0508 484.9634 488.2972
August 511.6862 496.2983 507.4409
September 533.0350 510.5796 518.3862
October 701.2810 533.1861 603.2368
November 701.1200 650.3745 668.0798
December 692.3862 646.0536 671.3605