YEARLY HIGH
414.1880 AOA
YEARLY LOW
318.6043 AOA
YEARLY AVERAGE
379.4407 AOA

2021 BAM to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 414.1880. Conversely, the yearly low was recorded on December 31, dropping to 318.6043.

This high-to-low spread represents a total annual volatility of 95.5837 AOA. From a start-to-finish perspective, comparing the January average rate of 408.1330 to the December average rate of 325.7572, the exchange rate registered a net change of -20.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 414.1880 was up 0.79% compared to the 2020 peak of 410.9354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,070,940 AOA
2020 Average 1,694,397 AOA
Yearly Trough Low 1,593,022 AOA
Transaction Impact: A difference of 477,918.34 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

416.3706
317.5196
JanuMarcMayJulySeptNove

BAM 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 397.1835, compared to 361.6978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.4857 points.

H1 Avg (Jan–Jun) 397.1835
H2 Avg (Jul–Dec) 361.6978

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 29.7926 AOA (High: 384.2621 / Low: 354.4695). On the other end, October was the most stable month, with a tight range of 2.7267 AOA (High: 355.9642 / Low: 353.2375).

September Spread (Volatile) ±29.7926
October Spread (Stable) ±2.7267

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 24.0697 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -24.0697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 408.1330) against the same month in 2020 (average: 277.5185), the exchange rate shifted by +130.6145 (+47.07%).

2021 Avg (January) 408.1330
2020 Avg (January) 277.5185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 414.1880 405.5205 408.1330
February 406.1344 393.7771 402.8773
March 387.8952 373.7873 378.8077
April 406.0598 377.1420 392.7842
May 408.2413 399.9682 403.9059
June 401.1765 390.4789 396.5931
July 393.5758 384.8939 388.3605
August 388.6300 379.9791 383.4193
September 384.2621 354.4695 372.2706
October 355.9642 353.2375 354.7231
November 354.1301 327.8808 345.6561
December 328.7647 318.6043 325.7572