2020 TND to AOA Historical Review

YEARLY HIGH

244.2331 AOA

YEARLY LOW

171.1217 AOA

YEARLY AVERAGE

206.7215 AOA

2020 TND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 244.2331. Conversely, the yearly low was recorded on January 9, dropping to 171.1217.

This high-to-low spread represents a total annual volatility of 73.1113 AOA. From a start-to-finish perspective, comparing the January average rate of 173.8028 to the December average rate of 242.6300, the exchange rate registered a net change of 39.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 244.2331 was up 39.10% compared to the 2019 peak of 175.5864, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,221,165 AOA

2019 Average 626,159 AOA

Yearly Trough Low 855,609 AOA

Transaction Impact: A difference of 365,556.74 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

249.5127

166.9200

JanuMarcMayJulySeptNove

TND 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 186.7302, compared to 226.7127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.9825 points.

H1 Avg (Jan–Jun) 186.7302

H2 Avg (Jul–Dec) 226.7127

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 19.4926 AOA (High: 220.1531 / Low: 200.6605). On the other end, February was the most stable month, with a tight range of 3.6967 AOA (High: 175.8149 / Low: 172.1182).

August Spread (Volatile) ±19.4926

February Spread (Stable) ±3.6967

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 4.7574 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.7574

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 242.6300) against the same month in 2019 (average: 167.7619), the exchange rate shifted by +74.8681 (+44.63%).

2020 Avg (December) 242.6300

2019 Avg (December) 167.7619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	175.8490	171.1217	173.8028
February	175.8149	172.1182	173.9656
March	187.4537	173.0044	177.8735
April	195.5513	186.4276	192.6870
May	203.5862	187.9310	195.0232
June	213.0090	201.0582	207.0294
July	205.3258	199.3337	202.2720
August	220.1531	200.6605	214.1674
September	228.8852	222.0084	225.3693
October	240.5614	227.9920	235.0248
November	242.9626	236.0340	240.8130
December	244.2331	240.1236	242.6300