2020 LRD to AOA Historical Review

YEARLY HIGH

4.2697 AOA

YEARLY LOW

2.4827 AOA

YEARLY AVERAGE

3.0487 AOA

2020 LRD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 4.2697. Conversely, the yearly low was recorded on February 27, dropping to 2.4827.

This high-to-low spread represents a total annual volatility of 1.7870 AOA. From a start-to-finish perspective, comparing the January average rate of 2.5534 to the December average rate of 4.0646, the exchange rate registered a net change of 59.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 4.2697 was up 66.10% compared to the 2019 peak of 2.5705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,348 AOA

2019 Average 9,793 AOA

Yearly Trough Low 12,414 AOA

Transaction Impact: A difference of 8,934.96 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

4.2194

2.3612

JanuMarcMayJulySeptNove

LRD 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 2.7118, compared to 3.3855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6737 points.

H1 Avg (Jan–Jun) 2.7118

H2 Avg (Jul–Dec) 3.3855

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.6330 AOA (High: 4.2697 / Low: 3.6366). On the other end, January was the most stable month, with a tight range of 0.0332 AOA (High: 2.5705 / Low: 2.5373).

November Spread (Volatile) ±0.6330

January Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between July and December, 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 0.1051 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 3.9967) against the same month in 2019 (average: 2.3604), the exchange rate shifted by +1.6362 (+69.32%).

2020 Avg (November) 3.9967

2019 Avg (November) 2.3604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5705	2.5373	2.5534
February	2.5426	2.4827	2.5160
March	2.7229	2.4843	2.5721
April	2.8638	2.7105	2.8191
May	2.9691	2.7456	2.8468
June	3.0423	2.8774	2.9633
July	2.9340	2.7747	2.8583
August	3.0141	2.7747	2.9399
September	3.1501	3.0369	3.1150
October	3.6366	3.1688	3.3386
November	4.2697	3.6366	3.9967
December	4.1510	3.9831	4.0646