YEARLY HIGH
0.1766 AOA
YEARLY LOW
0.1300 AOA
YEARLY AVERAGE
0.1517 AOA

2020 MGA to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1766. Conversely, the yearly low was recorded on January 1, dropping to 0.1300.

This high-to-low spread represents a total annual volatility of 0.0466 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1328 to the December average rate of 0.1717, the exchange rate registered a net change of 29.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1766 was down 6.29% compared to the 2019 peak of 0.1884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 883 AOA
2019 Average 502 AOA
Yearly Trough Low 650 AOA
Transaction Impact: A difference of 232.95 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1756
0.1289
JanuMarcMayJulySeptNove

MGA 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 0.1422, compared to 0.1612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.1422
H2 Avg (Jul–Dec) 0.1612

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0123 AOA (High: 0.1547 / Low: 0.1424). On the other end, February was the most stable month, with a tight range of 0.0047 AOA (High: 0.1368 / Low: 0.1321).

May Spread (Volatile) ±0.0123
February Spread (Stable) ±0.0047

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 0.0060 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1717) against the same month in 2019 (average: 0.1326), the exchange rate shifted by +0.0391 (+29.45%).

2020 Avg (December) 0.1717
2019 Avg (December) 0.1326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1369 0.1300 0.1328
February 0.1368 0.1321 0.1335
March 0.1443 0.1323 0.1366
April 0.1509 0.1430 0.1480
May 0.1547 0.1424 0.1483
June 0.1574 0.1498 0.1542
July 0.1520 0.1443 0.1482
August 0.1560 0.1454 0.1527
September 0.1629 0.1576 0.1607
October 0.1696 0.1617 0.1653
November 0.1731 0.1653 0.1687
December 0.1766 0.1676 0.1717