2021 SOS to AOA Historical Review

YEARLY HIGH

1.1394 AOA

YEARLY LOW

0.9428 AOA

YEARLY AVERAGE

1.0783 AOA

2021 SOS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SOS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.1394. Conversely, the yearly low was recorded on December 31, dropping to 0.9428.

This high-to-low spread represents a total annual volatility of 0.1966 AOA. From a start-to-finish perspective, comparing the January average rate of 1.1286 to the December average rate of 0.9692, the exchange rate registered a net change of -14.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1394 was down 0.94% compared to the 2020 peak of 1.1501, 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 5,697 AOA

2020 Average 4,983 AOA

Yearly Trough Low 4,714 AOA

Transaction Impact: A difference of 982.84 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1445

0.9533

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 1.1088, compared to 1.0478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0610 points.

H1 Avg (Jan–Jun) 1.1088

H2 Avg (Jul–Dec) 1.0478

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0687 AOA (High: 1.0959 / Low: 1.0271). On the other end, August was the most stable month, with a tight range of 0.0148 AOA (High: 1.1040 / Low: 1.0892).

September Spread (Volatile) ±0.0687

August Spread (Stable) ±0.0148

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 February and March, when the average rate fell by 0.0516 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.1187) against the same month in 2020 (average: 0.9730), the exchange rate shifted by +0.1456 (+14.97%).

2021 Avg (May) 1.1187

2020 Avg (May) 0.9730

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1364	1.1183	1.1286
February	1.1304	1.0996	1.1216
March	1.0841	1.0547	1.0701
April	1.1385	1.0751	1.1076
May	1.1394	1.0978	1.1187
June	1.1196	1.0974	1.1060
July	1.1185	1.0937	1.1062
August	1.1040	1.0892	1.0998
September	1.0959	1.0271	1.0644
October	1.0367	1.0188	1.0277
November	1.0324	0.9731	1.0193
December	0.9865	0.9428	0.9692