2020 MWK to AOA Historical Review

YEARLY HIGH

0.8831 AOA

YEARLY LOW

0.6515 AOA

YEARLY AVERAGE

0.7771 AOA

2020 MWK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.8831. Conversely, the yearly low was recorded on January 1, dropping to 0.6515.

This high-to-low spread represents a total annual volatility of 0.2316 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6640 to the December average rate of 0.8544, the exchange rate registered a net change of 28.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8831 was up 30.00% compared to the 2019 peak of 0.6793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,416 AOA

2019 Average 2,485 AOA

Yearly Trough Low 3,257 AOA

Transaction Impact: A difference of 1,158.10 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8911

0.6434

JanuMarcMayJulySeptNove

MWK 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 0.7257, compared to 0.8284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1026 points.

H1 Avg (Jan–Jun) 0.7257

H2 Avg (Jul–Dec) 0.8284

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0695 AOA (High: 0.7355 / Low: 0.6660). On the other end, February was the most stable month, with a tight range of 0.0120 AOA (High: 0.6799 / Low: 0.6680).

March Spread (Volatile) ±0.0695

February Spread (Stable) ±0.0120

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 0.0270 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.8704) against the same month in 2019 (average: 0.6457), the exchange rate shifted by +0.2247 (+34.80%).

2020 Avg (November) 0.8704

2019 Avg (November) 0.6457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6761	0.6515	0.6640
February	0.6799	0.6680	0.6734
March	0.7355	0.6660	0.6910
April	0.7738	0.7291	0.7588
May	0.8014	0.7396	0.7674
June	0.8224	0.7726	0.8000
July	0.7950	0.7449	0.7730
August	0.8055	0.7449	0.7859
September	0.8369	0.8089	0.8274
October	0.8815	0.8397	0.8592
November	0.8831	0.8522	0.8704
December	0.8642	0.8477	0.8544