2019 SZL to AOA Historical Review

YEARLY HIGH

34.3824 AOA

YEARLY LOW

21.3252 AOA

YEARLY AVERAGE

25.2061 AOA

2019 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 34.3824. Conversely, the yearly low was recorded on January 2, dropping to 21.3252.

This high-to-low spread represents a total annual volatility of 13.0572 AOA. From a start-to-finish perspective, comparing the January average rate of 22.3499 to the December average rate of 33.0286, the exchange rate registered a net change of 47.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 34.3824 was up 51.28% compared to the 2018 peak of 22.7275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171,912 AOA

2018 Average 94,671 AOA

Yearly Trough Low 106,626 AOA

Transaction Impact: A difference of 65,285.95 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

34.1319

20.8920

JanuMarcMayJulySeptNove

SZL 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 22.5819, compared to 27.8303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2484 points.

H1 Avg (Jan–Jun) 22.5819

H2 Avg (Jul–Dec) 27.8303

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 9.3915 AOA (High: 34.1471 / Low: 24.7556). On the other end, May was the most stable month, with a tight range of 0.6000 AOA (High: 23.0170 / Low: 22.4169).

October Spread (Volatile) ±9.3915

May Spread (Stable) ±0.6000

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8360 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 33.0286) against the same month in 2018 (average: 21.7073), the exchange rate shifted by +11.3213 (+52.15%).

2019 Avg (December) 33.0286

2018 Avg (December) 21.7073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.4070	21.3252	22.3499
February	23.4651	22.1385	22.7442
March	22.4569	21.5314	21.9953
April	22.8530	22.1024	22.5712
May	23.0170	22.4169	22.6857
June	24.0655	22.2967	23.1453
July	25.0373	24.2483	24.6541
August	24.7626	23.4460	23.8181
September	25.1147	23.7854	24.7587
October	34.1471	24.7556	28.7342
November	33.6137	30.8699	31.9882
December	34.3824	31.7158	33.0286