2020 NZD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NZD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NZD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 472.4727. Conversely, the yearly low was recorded on March 18, dropping to 289.3124.
This high-to-low spread represents a total annual volatility of 183.1603 AOA. From a start-to-finish perspective, comparing the January average rate of 323.2123 to the December average rate of 465.0964, the exchange rate registered a net change of 43.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 472.4727 was up 45.51% compared to the 2019 peak of 324.7075, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NZD 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 334.4106, compared to 420.8988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 86.4881 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was August, with a trading range of 37.7831 AOA (High: 404.4161 / Low: 366.6330). On the other end, January was the most stable month, with a tight range of 8.6396 AOA (High: 328.6038 / Low: 319.9642).
Growth Streaks & Declines
TrendsBetween 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 8.8253 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 465.0964) against the same month in 2019 (average: 314.2297), the exchange rate shifted by +150.8667 (+48.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 328.6038 | 319.9642 | 323.2123 |
| February | 321.8920 | 307.8337 | 316.0802 |
| March | 324.6585 | 289.3124 | 307.2549 |
| April | 345.2597 | 316.9385 | 335.6294 |
| May | 364.8182 | 327.2234 | 343.9702 |
| June | 393.7195 | 364.3241 | 380.3168 |
| July | 382.0230 | 366.6330 | 375.2194 |
| August | 404.4161 | 366.6330 | 387.0486 |
| September | 423.6816 | 406.5457 | 413.4865 |
| October | 442.1821 | 417.5567 | 430.0048 |
| November | 460.2729 | 439.0736 | 454.5368 |
| December | 472.4727 | 459.7687 | 465.0964 |