2021 RWF to AOA Historical Review

YEARLY HIGH

0.6709 AOA

YEARLY LOW

0.5353 AOA

YEARLY AVERAGE

0.6261 AOA

2021 RWF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.6709. Conversely, the yearly low was recorded on December 30, dropping to 0.5353.

This high-to-low spread represents a total annual volatility of 0.1356 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6637 to the December average rate of 0.5513, the exchange rate registered a net change of -16.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6709 was down 1.75% compared to the 2020 peak of 0.6829, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,355 AOA

2020 Average 3,021 AOA

Yearly Trough Low 2,677 AOA

Transaction Impact: A difference of 677.96 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6749

0.5400

JanuMarcMayJulySeptNove

RWF 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 0.6500, compared to 0.6022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0478 points.

H1 Avg (Jan–Jun) 0.6500

H2 Avg (Jul–Dec) 0.6022

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0422 AOA (High: 0.5944 / Low: 0.5522). On the other end, August was the most stable month, with a tight range of 0.0095 AOA (High: 0.6386 / Low: 0.6291).

November Spread (Volatile) ±0.0422

August Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0320 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.6637) against the same month in 2020 (average: 0.5181), the exchange rate shifted by +0.1456 (+28.09%).

2021 Avg (January) 0.6637

2020 Avg (January) 0.5181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6709	0.6568	0.6637
February	0.6647	0.6404	0.6586
March	0.6397	0.6202	0.6308
April	0.6664	0.6314	0.6482
May	0.6641	0.6416	0.6535
June	0.6589	0.6407	0.6455
July	0.6463	0.6340	0.6398
August	0.6386	0.6291	0.6322
September	0.6282	0.5940	0.6138
October	0.6007	0.5868	0.5929
November	0.5944	0.5522	0.5833
December	0.5669	0.5353	0.5513