2019 NAD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NAD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 34.3865. Conversely, the yearly low was recorded on May 19, dropping to 8.8535.
This high-to-low spread represents a total annual volatility of 25.5330 AOA. From a start-to-finish perspective, comparing the January average rate of 22.3464 to the December average rate of 33.0408, the exchange rate registered a net change of 47.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 34.3865 was up 51.53% compared to the 2018 peak of 22.6933, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NAD to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.5072, compared to 27.8348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3276 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 14.1350 AOA (High: 22.9884 / Low: 8.8535). On the other end, July was the most stable month, with a tight range of 0.7586 AOA (High: 25.0397 / Low: 24.2811).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8979 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 33.0408) against the same month in 2018 (average: 21.7076), the exchange rate shifted by +11.3332 (+52.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.4100 | 21.4379 | 22.3464 |
| February | 23.4704 | 22.1557 | 22.7527 |
| March | 22.6186 | 21.6705 | 21.9879 |
| April | 22.8369 | 21.7254 | 22.5253 |
| May | 22.9884 | 8.8535 | 22.2520 |
| June | 24.0986 | 22.2967 | 23.1792 |
| July | 25.0397 | 24.2811 | 24.6882 |
| August | 24.7626 | 23.4459 | 23.7904 |
| September | 25.0430 | 23.7769 | 24.7365 |
| October | 34.1508 | 24.7555 | 28.7402 |
| November | 33.6147 | 30.8626 | 32.0129 |
| December | 34.3865 | 31.8310 | 33.0408 |