YEARLY HIGH
76.7291 AOA
YEARLY LOW
43.9636 AOA
YEARLY AVERAGE
61.7906 AOA

2020 NOK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 76.7291. Conversely, the yearly low was recorded on March 21, dropping to 43.9636.

This high-to-low spread represents a total annual volatility of 32.7656 AOA. From a start-to-finish perspective, comparing the January average rate of 54.6611 to the December average rate of 75.3114, the exchange rate registered a net change of 37.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 76.7291 was up 40.18% compared to the 2019 peak of 54.7369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 383,646 AOA
2019 Average 206,691 AOA
Yearly Trough Low 219,818 AOA
Transaction Impact: A difference of 163,827.84 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

77.8737
47.1266
JanuMarcMayJulySeptNove

NOK 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 54.8405, compared to 68.7407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.9002 points.

H1 Avg (Jan–Jun) 54.8405
H2 Avg (Jul–Dec) 68.7407

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 9.1940 AOA (High: 53.1576 / Low: 43.9636). On the other end, January was the most stable month, with a tight range of 1.3412 AOA (High: 55.1984 / Low: 53.8571).

March Spread (Volatile) ±9.1940
January Spread (Stable) ±1.3412

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 3.5516 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.5516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 75.3114) against the same month in 2019 (average: 52.8041), the exchange rate shifted by +22.5073 (+42.62%).

2020 Avg (December) 75.3114
2019 Avg (December) 52.8041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.1984 53.8571 54.6611
February 53.8571 52.4270 53.2405
March 53.1576 43.9636 49.6889
April 54.9233 51.0708 53.5978
May 59.8405 53.2685 56.0272
June 64.2161 59.5251 61.8277
July 62.3121 60.5268 61.2542
August 68.8173 60.7104 65.5042
September 69.6559 65.1180 67.8043
October 71.7263 67.5586 69.6933
November 74.2950 69.5150 72.8768
December 76.7291 74.1309 75.3114