2020 SOS to AOA Historical Review

YEARLY HIGH

1.1501 AOA

YEARLY LOW

0.8278 AOA

YEARLY AVERAGE

0.9963 AOA

2020 SOS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1.1501. Conversely, the yearly low was recorded on January 10, dropping to 0.8278.

This high-to-low spread represents a total annual volatility of 0.3223 AOA. From a start-to-finish perspective, comparing the January average rate of 0.8424 to the December average rate of 1.1281, the exchange rate registered a net change of 33.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1501 was up 33.93% compared to the 2019 peak of 0.8587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,751 AOA

2019 Average 3,146 AOA

Yearly Trough Low 4,139 AOA

Transaction Impact: A difference of 1,611.51 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1679

0.8128

JanuMarcMayJulySeptNove

SOS 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 0.9192, compared to 1.0735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1543 points.

H1 Avg (Jan–Jun) 0.9192

H2 Avg (Jul–Dec) 1.0735

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0933 AOA (High: 1.0393 / Low: 0.9460). On the other end, December was the most stable month, with a tight range of 0.0142 AOA (High: 1.1362 / Low: 1.1220).

August Spread (Volatile) ±0.0933

December Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between 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 0.0345 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.1383) against the same month in 2019 (average: 0.8176), the exchange rate shifted by +0.3207 (+39.22%).

2020 Avg (November) 1.1383

2019 Avg (November) 0.8176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8575	0.8278	0.8424
February	0.8571	0.8392	0.8488
March	0.9276	0.8392	0.8735
April	0.9815	0.9239	0.9618
May	1.0178	0.9406	0.9730
June	1.0449	0.9807	1.0155
July	1.0071	0.9460	0.9810
August	1.0393	0.9460	1.0112
September	1.0816	1.0420	1.0677
October	1.1445	1.0815	1.1147
November	1.1501	1.1171	1.1383
December	1.1362	1.1220	1.1281