YEARLY HIGH
0.4984 AOA
YEARLY LOW
0.3047 AOA
YEARLY AVERAGE
0.3949 AOA

2021 MMK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4984. Conversely, the yearly low was recorded on October 11, dropping to 0.3047.

This high-to-low spread represents a total annual volatility of 0.1936 AOA. From a start-to-finish perspective, comparing the January average rate of 0.4928 to the December average rate of 0.3166, the exchange rate registered a net change of -35.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4984 was down 4.13% compared to the 2020 peak of 0.5198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,492 AOA
2020 Average 2,115 AOA
Yearly Trough Low 1,524 AOA
Transaction Impact: A difference of 968.08 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5104
0.2990
JanuMarcMayJulySeptNove

MMK 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 0.4410, compared to 0.3488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0922 points.

H1 Avg (Jan–Jun) 0.4410
H2 Avg (Jul–Dec) 0.3488

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0650 AOA (High: 0.3851 / Low: 0.3201). On the other end, August was the most stable month, with a tight range of 0.0024 AOA (High: 0.3880 / Low: 0.3856).

September Spread (Volatile) ±0.0650
August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0398 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4928) against the same month in 2020 (average: 0.3329), the exchange rate shifted by +0.1599 (+48.04%).

2021 Avg (January) 0.4928
2020 Avg (January) 0.3329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4984 0.4895 0.4928
February 0.4945 0.4512 0.4653
March 0.4469 0.4359 0.4417
April 0.4671 0.4206 0.4475
May 0.4232 0.3900 0.4077
June 0.3948 0.3897 0.3910
July 0.3931 0.3880 0.3901
August 0.3880 0.3856 0.3871
September 0.3851 0.3201 0.3511
October 0.3326 0.3047 0.3168
November 0.3373 0.3151 0.3314
December 0.3206 0.3096 0.3166