2020 SHP to AOA Historical Review

YEARLY HIGH

894.3674 AOA

YEARLY LOW

587.7034 AOA

YEARLY AVERAGE

743.8777 AOA

2020 SHP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SHP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 894.3674. Conversely, the yearly low was recorded on March 18, dropping to 587.7034.

This high-to-low spread represents a total annual volatility of 306.6640 AOA. From a start-to-finish perspective, comparing the January average rate of 639.2208 to the December average rate of 881.3971, the exchange rate registered a net change of 37.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 894.3674 was up 39.12% compared to the 2019 peak of 642.8855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,471,837 AOA

2019 Average 2,329,999 AOA

Yearly Trough Low 2,938,517 AOA

Transaction Impact: A difference of 1,533,320.23 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

906.6367

603.7618

JanuMarcMayJulySeptNove

SHP 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 672.6110, compared to 815.1443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 142.5333 points.

H1 Avg (Jan–Jun) 672.6110

H2 Avg (Jul–Dec) 815.1443

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 80.7319 AOA (High: 668.4353 / Low: 587.7034). On the other end, July was the most stable month, with a tight range of 19.2207 AOA (High: 729.5001 / Low: 710.2794).

March Spread (Volatile) ±80.7319

July Spread (Stable) ±19.2207

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 16.7862 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -16.7862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 881.3971) against the same month in 2019 (average: 624.1512), the exchange rate shifted by +257.2459 (+41.22%).

2020 Avg (December) 881.3971

2019 Avg (December) 624.1512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	654.6813	628.9083	639.2208
February	654.6813	631.6255	641.3389
March	668.4353	587.7034	629.0014
April	714.4814	661.5148	693.1887
May	723.8257	667.4340	694.6486
June	758.7087	712.7557	738.2677
July	729.5001	710.2794	721.4815
August	802.7480	723.5156	769.9213
September	823.8791	779.2018	803.1388
October	862.8407	812.4150	840.6622
November	882.9759	857.0871	874.2649
December	894.3674	872.2139	881.3971