2020 NAD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NAD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 45.0521. Conversely, the yearly low was recorded on April 5, dropping to 28.5064.
This high-to-low spread represents a total annual volatility of 16.5457 AOA. From a start-to-finish perspective, comparing the January average rate of 34.0523 to the December average rate of 44.0702, the exchange rate registered a net change of 29.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 45.0521 was up 31.02% compared to the 2019 peak of 34.3865, 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 2020.
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 32.2300, compared to 38.3958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1658 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 6.1113 AOA (High: 41.1058 / Low: 34.9945). On the other end, January was the most stable month, with a tight range of 1.0050 AOA (High: 34.5502 / Low: 33.5452).
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 February and March, when the average rate fell by 2.4145 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 44.0702) against the same month in 2019 (average: 33.0408), the exchange rate shifted by +11.0294 (+33.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.5502 | 33.5452 | 34.0523 |
| February | 33.5679 | 31.9890 | 33.0328 |
| March | 32.0867 | 28.8923 | 30.6183 |
| April | 31.2400 | 28.5064 | 30.1052 |
| May | 33.9084 | 29.5655 | 31.1032 |
| June | 36.0219 | 33.1480 | 34.4682 |
| July | 34.5463 | 33.3889 | 34.0164 |
| August | 34.6231 | 32.9578 | 33.7886 |
| September | 38.5995 | 34.8847 | 36.9283 |
| October | 41.1058 | 34.9945 | 39.0116 |
| November | 43.3736 | 40.8036 | 42.5597 |
| December | 45.0521 | 42.6452 | 44.0702 |