2021 PEN to AOA Historical Review

YEARLY HIGH

182.1921 AOA

YEARLY LOW

137.6124 AOA

YEARLY AVERAGE

162.0311 AOA

2021 PEN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 182.1921. Conversely, the yearly low was recorded on December 15, dropping to 137.6124.

This high-to-low spread represents a total annual volatility of 44.5796 AOA. From a start-to-finish perspective, comparing the January average rate of 180.7782 to the December average rate of 139.3977, the exchange rate registered a net change of -22.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 182.1921 was down 1.83% compared to the 2020 peak of 185.5801, 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 910,960 AOA

2020 Average 827,054 AOA

Yearly Trough Low 688,062 AOA

Transaction Impact: A difference of 222,898.10 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

184.9163

135.2596

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 173.1632, compared to 150.8989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.2643 points.

H1 Avg (Jan–Jun) 173.1632

H2 Avg (Jul–Dec) 150.8989

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 13.1888 AOA (High: 181.0714 / Low: 167.8826). On the other end, January was the most stable month, with a tight range of 2.9165 AOA (High: 182.1921 / Low: 179.2755).

April Spread (Volatile) ±13.1888

January Spread (Stable) ±2.9165

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 10.8241 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -10.8241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 180.7782) against the same month in 2020 (average: 147.0008), the exchange rate shifted by +33.7774 (+22.98%).

2021 Avg (January) 180.7782

2020 Avg (January) 147.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	182.1921	179.2755	180.7782
February	180.3986	174.3550	178.7850
March	172.2562	166.0594	167.9609
April	181.0714	167.8826	174.3245
May	178.8122	166.7456	172.6224
June	167.8968	162.2752	164.5085
July	166.7877	161.9356	163.0572
August	162.7332	154.6566	156.2339
September	154.9879	144.9250	150.4465
October	152.4740	144.7384	148.8098
November	149.4276	139.0071	147.4485
December	142.0123	137.6124	139.3977