2020 MRO to AOA Historical Review

YEARLY HIGH

1.8680 AOA

YEARLY LOW

1.3508 AOA

YEARLY AVERAGE

1.6213 AOA

2020 MRO to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1.8680. Conversely, the yearly low was recorded on January 6, dropping to 1.3508.

This high-to-low spread represents a total annual volatility of 0.5172 AOA. From a start-to-finish perspective, comparing the January average rate of 1.3694 to the December average rate of 1.8359, the exchange rate registered a net change of 34.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8680 was up 34.09% compared to the 2019 peak of 1.3931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,340 AOA

2019 Average 5,109 AOA

Yearly Trough Low 6,754 AOA

Transaction Impact: A difference of 2,586.11 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9013

1.3210

JanuMarcMayJulySeptNove

MRO 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 1.4964, compared to 1.7463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2499 points.

H1 Avg (Jan–Jun) 1.4964

H2 Avg (Jul–Dec) 1.7463

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.1339 AOA (High: 1.6827 / Low: 1.5488). On the other end, February was the most stable month, with a tight range of 0.0104 AOA (High: 1.3904 / Low: 1.3799).

August Spread (Volatile) ±0.1339

February Spread (Stable) ±0.0104

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 0.0567 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.8530) against the same month in 2019 (average: 1.3267), the exchange rate shifted by +0.5262 (+39.66%).

2020 Avg (November) 1.8530

2019 Avg (November) 1.3267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3909	1.3508	1.3694
February	1.3904	1.3799	1.3853
March	1.5033	1.3778	1.4247
April	1.5895	1.5033	1.5642
May	1.6517	1.5266	1.5824
June	1.6984	1.6015	1.6524
July	1.6371	1.5488	1.5957
August	1.6827	1.5488	1.6413
September	1.7570	1.6954	1.7373
October	1.8642	1.7661	1.8144
November	1.8680	1.8104	1.8530
December	1.8473	1.8307	1.8359