2020 TWD to AOA Historical Review

YEARLY HIGH

23.4260 AOA

YEARLY LOW

16.0411 AOA

YEARLY AVERAGE

19.7055 AOA

2020 TWD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TWD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 23.4260. Conversely, the yearly low was recorded on January 6, dropping to 16.0411.

This high-to-low spread represents a total annual volatility of 7.3849 AOA. From a start-to-finish perspective, comparing the January average rate of 16.2882 to the December average rate of 23.2541, the exchange rate registered a net change of 42.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.4260 was up 43.37% compared to the 2019 peak of 16.3390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,130 AOA

2019 Average 59,132 AOA

Yearly Trough Low 80,205 AOA

Transaction Impact: A difference of 36,924.70 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.9507

15.5916

JanuMarcMayJulySeptNove

TWD 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 17.8189, compared to 21.5921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7732 points.

H1 Avg (Jan–Jun) 17.8189

H2 Avg (Jul–Dec) 21.5921

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 1.6278 AOA (High: 20.4827 / Low: 18.8549). On the other end, February was the most stable month, with a tight range of 0.3335 AOA (High: 16.5492 / Low: 16.2157).

August Spread (Volatile) ±1.6278

February Spread (Stable) ±0.3335

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 0.5448 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 23.1786) against the same month in 2019 (average: 15.5537), the exchange rate shifted by +7.6249 (+49.02%).

2020 Avg (November) 23.1786

2019 Avg (November) 15.5537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5595	16.0411	16.2882
February	16.5492	16.2157	16.3928
March	17.8032	16.3453	16.8918
April	18.8732	17.7515	18.5693
May	19.6556	18.2110	18.8677
June	20.4849	19.1472	19.9033
July	19.8504	18.8549	19.3585
August	20.4827	18.8549	19.9552
September	21.5845	20.6438	21.2366
October	23.3589	21.7906	22.5694
November	23.4260	22.6581	23.1786
December	23.4255	22.9872	23.2541