2021 SZL to AOA Historical Review

YEARLY HIGH

47.5993 AOA

YEARLY LOW

34.4207 AOA

YEARLY AVERAGE

42.5221 AOA

2021 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 47.5993. Conversely, the yearly low was recorded on December 15, dropping to 34.4207.

This high-to-low spread represents a total annual volatility of 13.1786 AOA. From a start-to-finish perspective, comparing the January average rate of 43.4459 to the December average rate of 35.5092, the exchange rate registered a net change of -18.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 47.5993 was up 5.88% compared to the 2020 peak of 44.9557, 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 237,996 AOA

2020 Average 176,844 AOA

Yearly Trough Low 172,103 AOA

Transaction Impact: A difference of 65,893.16 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

47.5595

34.4137

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 44.3983, compared to 40.6459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7524 points.

H1 Avg (Jan–Jun) 44.3983

H2 Avg (Jul–Dec) 40.6459

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 4.9135 AOA (High: 44.3995 / Low: 39.4860). On the other end, May was the most stable month, with a tight range of 1.5519 AOA (High: 46.7814 / Low: 45.2296).

September Spread (Volatile) ±4.9135

May Spread (Stable) ±1.5519

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.7505 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 46.4640) against the same month in 2020 (average: 34.4518), the exchange rate shifted by +12.0122 (+34.87%).

2021 Avg (June) 46.4640

2020 Avg (June) 34.4518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.8387	42.4933	43.4459
February	45.2159	42.4287	44.1293
March	42.5783	39.8149	41.5551
April	46.1542	42.6567	44.5487
May	46.7814	45.2296	46.2472
June	47.5993	45.0904	46.4640
July	45.4934	42.9455	44.3267
August	44.4340	41.5755	43.0356
September	44.3995	39.4860	42.5346
October	41.2532	39.2946	40.2099
November	39.8300	35.1790	38.2597
December	36.2982	34.4207	35.5092