2021 SHP to AOA Historical Review

YEARLY HIGH

927.8850 AOA

YEARLY LOW

738.8267 AOA

YEARLY AVERAGE

862.4651 AOA

2021 SHP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 927.8850. Conversely, the yearly low was recorded on December 13, dropping to 738.8267.

This high-to-low spread represents a total annual volatility of 189.0582 AOA. From a start-to-finish perspective, comparing the January average rate of 894.6121 to the December average rate of 750.1669, the exchange rate registered a net change of -16.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 927.8850 was up 3.75% compared to the 2020 peak of 894.3674, 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 4,639,425 AOA

2020 Average 3,720,368 AOA

Yearly Trough Low 3,694,134 AOA

Transaction Impact: A difference of 945,291.24 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

932.3386

733.6059

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 894.9089, compared to 830.0214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.8876 points.

H1 Avg (Jan–Jun) 894.9089

H2 Avg (Jul–Dec) 830.0214

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 71.8361 AOA (High: 877.6539 / Low: 805.8178). On the other end, October was the most stable month, with a tight range of 13.9197 AOA (High: 825.2650 / Low: 811.3453).

September Spread (Volatile) ±71.8361

October Spread (Stable) ±13.9197

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 46.5441 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -46.5441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 915.7776) against the same month in 2020 (average: 694.6486), the exchange rate shifted by +221.1289 (+31.83%).

2021 Avg (May) 915.7776

2020 Avg (May) 694.6486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	900.9149	881.9131	894.6121
February	919.2999	885.6804	904.2775
March	878.5398	853.4724	862.8183
April	917.5439	860.9695	889.9745
May	927.8850	904.2005	915.7776
June	910.0845	886.0538	901.9935
July	894.4054	873.1029	886.9118
August	889.3459	867.0867	878.8629
September	877.6539	805.8178	849.3632
October	825.2650	811.3453	818.1123
November	817.5372	751.3514	796.7110
December	760.0568	738.8267	750.1669