2020 MAD to AOA Historical Review

YEARLY HIGH

73.7516 AOA

YEARLY LOW

50.1456 AOA

YEARLY AVERAGE

61.1713 AOA

2020 MAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 73.7516. Conversely, the yearly low was recorded on January 5, dropping to 50.1456.

This high-to-low spread represents a total annual volatility of 23.6060 AOA. From a start-to-finish perspective, comparing the January average rate of 50.8813 to the December average rate of 72.9724, the exchange rate registered a net change of 43.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 73.7516 was up 42.73% compared to the 2019 peak of 51.6723, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 368,758 AOA

2019 Average 189,639 AOA

Yearly Trough Low 250,728 AOA

Transaction Impact: A difference of 118,029.98 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

75.1815

48.6721

JanuMarcMayJulySeptNove

MAD 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 54.6554, compared to 67.6872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0318 points.

H1 Avg (Jan–Jun) 54.6554

H2 Avg (Jul–Dec) 67.6872

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 6.3339 AOA (High: 65.6601 / Low: 59.3262). On the other end, February was the most stable month, with a tight range of 1.0606 AOA (High: 51.6658 / Low: 50.6052).

August Spread (Volatile) ±6.3339

February Spread (Stable) ±1.0606

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 1.3057 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 72.9724) against the same month in 2019 (average: 49.4759), the exchange rate shifted by +23.4965 (+47.49%).

2020 Avg (December) 72.9724

2019 Avg (December) 49.4759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.6658	50.1456	50.8813
February	51.6658	50.6052	51.1106
March	54.6335	51.3290	52.5186
April	56.8686	52.5930	55.1206
May	59.8951	55.3878	57.3560
June	62.7917	59.0864	60.9455
July	60.3464	58.7661	59.6399
August	65.6601	59.3262	63.4692
September	68.3601	66.1184	67.2518
October	72.2420	68.1395	70.3572
November	72.9897	71.0502	72.4326
December	73.7516	70.6391	72.9724