2020 PEN to AOA Historical Review

YEARLY HIGH

185.5801 AOA

YEARLY LOW

139.8791 AOA

YEARLY AVERAGE

165.3869 AOA

2020 PEN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 185.5801. Conversely, the yearly low was recorded on March 11, dropping to 139.8791.

This high-to-low spread represents a total annual volatility of 45.7010 AOA. From a start-to-finish perspective, comparing the January average rate of 147.0008 to the December average rate of 182.0219, the exchange rate registered a net change of 23.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 185.5801 was up 24.44% compared to the 2019 peak of 149.1327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 927,900 AOA

2019 Average 546,372 AOA

Yearly Trough Low 699,395 AOA

Transaction Impact: A difference of 228,505.04 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

187.1097

142.1045

JanuMarcMayJulySeptNove

PEN 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 156.3477, compared to 174.4260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.0784 points.

H1 Avg (Jan–Jun) 156.3477

H2 Avg (Jul–Dec) 174.4260

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 19.2978 AOA (High: 159.1768 / Low: 139.8791). On the other end, December was the most stable month, with a tight range of 2.8447 AOA (High: 183.5752 / Low: 180.7305).

March Spread (Volatile) ±19.2978

December Spread (Stable) ±2.8447

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 7.7890 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.7890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 183.3592) against the same month in 2019 (average: 140.6167), the exchange rate shifted by +42.7425 (+30.40%).

2020 Avg (November) 183.3592

2019 Avg (November) 140.6167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	149.6163	144.6603	147.0008
February	147.4469	142.6053	145.8549
March	159.1768	139.8791	145.8679
April	167.4451	155.7273	164.2309
May	171.4463	159.0723	165.3493
June	174.3114	163.6861	169.7823
July	165.9143	156.5459	161.9933
August	170.1444	156.5459	164.5870
September	177.3147	170.8999	174.4465
October	184.1027	174.0304	180.1482
November	185.5801	179.3117	183.3592
December	183.5752	180.7305	182.0219