2020 PHP to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 13.8512. Conversely, the yearly low was recorded on January 4, dropping to 9.4345.
This high-to-low spread represents a total annual volatility of 4.4167 AOA. From a start-to-finish perspective, comparing the January average rate of 9.6169 to the December average rate of 13.6308, the exchange rate registered a net change of 41.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 13.8512 was up 40.47% compared to the 2019 peak of 9.8609, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP 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 10.5552, compared to 12.8378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2826 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was August, with a trading range of 1.1425 AOA (High: 12.3853 / Low: 11.2429). On the other end, February was the most stable month, with a tight range of 0.1494 AOA (High: 9.8015 / Low: 9.6521).
Growth Streaks & Declines
TrendsBetween 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 0.2562 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 13.7123) against the same month in 2019 (average: 9.3409), the exchange rate shifted by +4.3714 (+46.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.7818 | 9.4345 | 9.6169 |
| February | 9.8015 | 9.6521 | 9.7342 |
| March | 10.5791 | 9.6736 | 9.9893 |
| April | 11.2323 | 10.5351 | 11.0236 |
| May | 11.6354 | 10.8359 | 11.1811 |
| June | 12.0937 | 11.4316 | 11.7858 |
| July | 11.7938 | 11.2429 | 11.5296 |
| August | 12.3853 | 11.2429 | 12.0148 |
| September | 12.9410 | 12.4501 | 12.7839 |
| October | 13.7405 | 13.0052 | 13.3551 |
| November | 13.8512 | 13.4348 | 13.7123 |
| December | 13.7241 | 13.5620 | 13.6308 |