YEARLY HIGH
0.0290 ZAR
YEARLY LOW
0.0209 ZAR
YEARLY AVERAGE
0.0237 ZAR

2021 AOA to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AOA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0290. Conversely, the yearly low was recorded on June 6, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0081 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0282, the exchange rate registered a net change of 22.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0290 was down 18.55% compared to the 2020 peak of 0.0356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 ZAR
2020 Average 144 ZAR
Yearly Trough Low 105 ZAR
Transaction Impact: A difference of 40.39 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0288
0.0209
JanuMarcMayJulySeptNove

AOA to ZAR 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 0.0226, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0226
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0031 ZAR (High: 0.0281 / Low: 0.0250). On the other end, May was the most stable month, with a tight range of 0.0008 ZAR (High: 0.0221 / Low: 0.0214).

November Spread (Volatile) ±0.0031
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0016 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0282) against the same month in 2020 (average: 0.0227), the exchange rate shifted by +0.0055 (+24.17%).

2021 Avg (December) 0.0282
2020 Avg (December) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0237 0.0224 0.0231
February 0.0237 0.0221 0.0227
March 0.0251 0.0235 0.0241
April 0.0233 0.0216 0.0224
May 0.0221 0.0214 0.0216
June 0.0224 0.0209 0.0216
July 0.0232 0.0220 0.0226
August 0.0241 0.0224 0.0232
September 0.0253 0.0225 0.0236
October 0.0255 0.0241 0.0249
November 0.0281 0.0250 0.0263
December 0.0290 0.0276 0.0282