2020 SZL to AOA Historical Review

YEARLY HIGH

44.9557 AOA

YEARLY LOW

28.6596 AOA

YEARLY AVERAGE

35.3633 AOA

2020 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 44.9557. Conversely, the yearly low was recorded on April 5, dropping to 28.6596.

This high-to-low spread represents a total annual volatility of 16.2961 AOA. From a start-to-finish perspective, comparing the January average rate of 34.0530 to the December average rate of 43.9951, the exchange rate registered a net change of 29.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 44.9557 was up 30.75% compared to the 2019 peak of 34.3824, 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 224,779 AOA

2019 Average 126,109 AOA

Yearly Trough Low 143,298 AOA

Transaction Impact: A difference of 81,480.43 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

45.3847

28.7092

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 32.2198, compared to 38.5068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.2870 points.

H1 Avg (Jan–Jun) 32.2198

H2 Avg (Jul–Dec) 38.5068

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 4.4370 AOA (High: 33.9486 / Low: 29.5116). On the other end, January was the most stable month, with a tight range of 1.0023 AOA (High: 34.5589 / Low: 33.5565).

May Spread (Volatile) ±4.4370

January Spread (Stable) ±1.0023

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 February and March, when the average rate fell by 2.3975 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 43.9951) against the same month in 2019 (average: 33.0286), the exchange rate shifted by +10.9665 (+33.20%).

2020 Avg (December) 43.9951

2019 Avg (December) 33.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.5589	33.5565	34.0530
February	33.6722	32.2160	33.0027
March	32.2160	28.9728	30.6051
April	31.3627	28.6596	30.0989
May	33.9486	29.5116	31.1073
June	36.0389	33.2762	34.4518
July	34.5980	33.2099	33.9854
August	35.9315	32.9622	34.0768
September	38.2613	36.1888	37.0520
October	40.9255	37.8686	39.3451
November	43.4701	40.8286	42.5866
December	44.9557	42.7091	43.9951