2020 NIO to AOA Historical Review

YEARLY HIGH

19.1678 AOA

YEARLY LOW

14.1291 AOA

YEARLY AVERAGE

16.8129 AOA

2020 NIO to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 19.1678. Conversely, the yearly low was recorded on January 4, dropping to 14.1291.

This high-to-low spread represents a total annual volatility of 5.0387 AOA. From a start-to-finish perspective, comparing the January average rate of 14.4010 to the December average rate of 18.8009, the exchange rate registered a net change of 30.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.1678 was up 30.63% compared to the 2019 peak of 14.6736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,839 AOA

2019 Average 54,778 AOA

Yearly Trough Low 70,646 AOA

Transaction Impact: A difference of 25,193.38 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.4224

13.9445

JanuMarcMayJulySeptNove

NIO 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 15.6972, compared to 17.9286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2314 points.

H1 Avg (Jan–Jun) 15.6972

H2 Avg (Jul–Dec) 17.9286

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.6474 AOA (High: 16.0091 / Low: 14.3617). On the other end, December was the most stable month, with a tight range of 0.2134 AOA (High: 18.9510 / Low: 18.7375).

March Spread (Volatile) ±1.6474

December Spread (Stable) ±0.2134

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 0.7928 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 18.6361) against the same month in 2019 (average: 12.7006), the exchange rate shifted by +5.9356 (+46.73%).

2020 Avg (October) 18.6361

2019 Avg (October) 12.7006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.6388	14.1291	14.4010
February	14.7111	14.4149	14.5484
March	16.0091	14.3617	14.9770
April	16.8320	15.8529	16.3763
May	17.4414	16.0355	16.6159
June	17.7186	16.6687	17.2646
July	17.1688	15.9556	16.4718
August	17.2465	16.0499	16.8546
September	18.1368	17.3570	17.8423
October	19.1678	18.1382	18.6361
November	19.1678	18.5437	18.9659
December	18.9510	18.7375	18.8009