2020 TOP to ANG Historical Review

YEARLY HIGH

0.7981 ANG

YEARLY LOW

0.6843 ANG

YEARLY AVERAGE

0.7724 ANG

2020 TOP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.7981. Conversely, the yearly low was recorded on February 6, dropping to 0.6843.

This high-to-low spread represents a total annual volatility of 0.1137 ANG. From a start-to-finish perspective, comparing the January average rate of 0.7255 to the December average rate of 0.7860, the exchange rate registered a net change of 8.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7981 was down 4.54% compared to the 2019 peak of 0.8360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,990 ANG

2019 Average 3,922 ANG

Yearly Trough Low 3,422 ANG

Transaction Impact: A difference of 568.67 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7970

0.7190

JanuMarcMayJulySeptNove

TOP to ANG 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 0.7612, compared to 0.7837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.7612

H2 Avg (Jul–Dec) 0.7837

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0907 ANG (High: 0.7750 / Low: 0.6843). On the other end, December was the most stable month, with a tight range of 0.0055 ANG (High: 0.7892 / Low: 0.7836).

February Spread (Volatile) ±0.0907

December Spread (Stable) ±0.0055

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 September and October, when the average rate fell by 0.0101 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 0.7905) against the same month in 2019 (average: 0.8194), the exchange rate shifted by -0.0290 (-3.54%).

2020 Avg (June) 0.7905

2019 Avg (June) 0.8194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7411	0.7033	0.7255
February	0.7750	0.6843	0.7446
March	0.7762	0.7406	0.7619
April	0.7781	0.7566	0.7670
May	0.7838	0.7718	0.7775
June	0.7981	0.7822	0.7905
July	0.7915	0.7845	0.7873
August	0.7925	0.7822	0.7870
September	0.7937	0.7748	0.7858
October	0.7795	0.7715	0.7757
November	0.7850	0.7713	0.7801
December	0.7892	0.7836	0.7860