2020 MMK to AOA Historical Review

YEARLY HIGH

0.5198 AOA

YEARLY LOW

0.3250 AOA

YEARLY AVERAGE

0.4228 AOA

2020 MMK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.5198. Conversely, the yearly low was recorded on January 1, dropping to 0.3250.

This high-to-low spread represents a total annual volatility of 0.1948 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3329 to the December average rate of 0.4903, the exchange rate registered a net change of 47.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5198 was up 59.07% compared to the 2019 peak of 0.3268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,599 AOA

2019 Average 1,200 AOA

Yearly Trough Low 1,625 AOA

Transaction Impact: A difference of 973.87 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5267

0.3153

JanuMarcMayJulySeptNove

MMK 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 0.3760, compared to 0.4697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0937 points.

H1 Avg (Jan–Jun) 0.3760

H2 Avg (Jul–Dec) 0.4697

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0478 AOA (High: 0.4527 / Low: 0.4049). On the other end, February was the most stable month, with a tight range of 0.0049 AOA (High: 0.3436 / Low: 0.3387).

August Spread (Volatile) ±0.0478

February Spread (Stable) ±0.0049

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 November and December, when the average rate fell by 0.0189 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.5091) against the same month in 2019 (average: 0.3126), the exchange rate shifted by +0.1965 (+62.86%).

2020 Avg (November) 0.5091

2019 Avg (November) 0.3126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3389	0.3250	0.3329
February	0.3436	0.3387	0.3410
March	0.3872	0.3430	0.3632
April	0.3991	0.3827	0.3931
May	0.4197	0.3854	0.4026
June	0.4351	0.4074	0.4231
July	0.4290	0.4026	0.4163
August	0.4527	0.4049	0.4318
September	0.4793	0.4541	0.4694
October	0.5172	0.4826	0.5013
November	0.5198	0.4914	0.5091
December	0.5005	0.4728	0.4903