2021 MAD to AOA Historical Review

YEARLY HIGH

74.5674 AOA

YEARLY LOW

59.3308 AOA

YEARLY AVERAGE

69.7442 AOA

2021 MAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 74.5674. Conversely, the yearly low was recorded on December 31, dropping to 59.3308.

This high-to-low spread represents a total annual volatility of 15.2365 AOA. From a start-to-finish perspective, comparing the January average rate of 73.6334 to the December average rate of 60.9022, the exchange rate registered a net change of -17.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 74.5674 was up 1.11% compared to the 2020 peak of 73.7516, 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 372,837 AOA

2020 Average 305,980 AOA

Yearly Trough Low 296,654 AOA

Transaction Impact: A difference of 76,182.66 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

74.9066

59.6291

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 72.2597, compared to 67.2286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0312 points.

H1 Avg (Jan–Jun) 72.2597

H2 Avg (Jul–Dec) 67.2286

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 4.8689 AOA (High: 70.9653 / Low: 66.0965). On the other end, October was the most stable month, with a tight range of 0.4672 AOA (High: 66.2804 / Low: 65.8132).

September Spread (Volatile) ±4.8689

October Spread (Stable) ±0.4672

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.7946 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.7946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 73.6334) against the same month in 2020 (average: 50.8813), the exchange rate shifted by +22.7522 (+44.72%).

2021 Avg (January) 73.6334

2020 Avg (January) 50.8813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	74.5674	73.1020	73.6334
February	73.3266	71.1261	72.8714
March	70.4704	68.2759	69.1339
April	73.9320	69.3949	71.8349
May	74.2468	72.5538	73.4784
June	73.0169	72.0190	72.6064
July	72.3637	71.3122	71.8018
August	71.7923	70.6742	71.0290
September	70.9653	66.0965	68.9209
October	66.2804	65.8132	66.0207
November	65.9052	61.1124	64.6968
December	61.5920	59.3308	60.9022