YEARLY HIGH
940.5853 AOA
YEARLY LOW
680.1509 AOA
YEARLY AVERAGE
816.3924 AOA

2020 JOD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 940.5853. Conversely, the yearly low was recorded on January 6, dropping to 680.1509.

This high-to-low spread represents a total annual volatility of 260.4344 AOA. From a start-to-finish perspective, comparing the January average rate of 689.5222 to the December average rate of 924.5001, the exchange rate registered a net change of 34.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 940.5853 was up 34.12% compared to the 2019 peak of 701.2810, 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 4,702,927 AOA
2019 Average 2,572,630 AOA
Yearly Trough Low 3,400,755 AOA
Transaction Impact: A difference of 1,302,172.07 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

957.3971
665.1699
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 753.4766, compared to 879.3083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 125.8317 points.

H1 Avg (Jan–Jun) 753.4766
H2 Avg (Jul–Dec) 879.3083

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 67.4048 AOA (High: 847.2638 / Low: 779.8590). On the other end, February was the most stable month, with a tight range of 5.2616 AOA (High: 700.0853 / Low: 694.8237).

August Spread (Volatile) ±67.4048
February Spread (Stable) ±5.2616

Growth Streaks & Declines

Trends

Between 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 28.5219 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -28.5219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 933.0448) against the same month in 2019 (average: 668.0798), the exchange rate shifted by +264.9650 (+39.66%).

2020 Avg (November) 933.0448
2019 Avg (November) 668.0798

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 700.3575 680.1509 689.5222
February 700.0853 694.8237 697.5774
March 756.9535 693.7779 717.4034
April 800.3667 756.9535 787.5942
May 831.6883 768.5799 796.7623
June 855.1904 806.3963 832.0000
July 824.3300 779.8590 803.4781
August 847.2638 779.8590 826.4578
September 884.7109 853.6671 874.7787
October 938.6544 889.2976 913.5902
November 940.5853 911.4652 933.0448
December 931.0942 921.8124 924.5001