2019 ZAR to AOA Historical Review

YEARLY HIGH

34.4180 AOA

YEARLY LOW

21.1738 AOA

YEARLY AVERAGE

25.1995 AOA

2019 ZAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 34.4180. Conversely, the yearly low was recorded on January 2, dropping to 21.1738.

This high-to-low spread represents a total annual volatility of 13.2442 AOA. From a start-to-finish perspective, comparing the January average rate of 22.4309 to the December average rate of 33.0873, the exchange rate registered a net change of 47.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 34.4180 was up 51.55% compared to the 2018 peak of 22.7105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,720,899 AOA

2018 Average 946,259 AOA

Yearly Trough Low 1,058,691 AOA

Transaction Impact: A difference of 662,208.18 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

34.2012

20.8335

JanuMarcMayJulySeptNove

ZAR 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 22.5899, compared to 27.8092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2194 points.

H1 Avg (Jan–Jun) 22.5899

H2 Avg (Jul–Dec) 27.8092

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 9.3517 AOA (High: 33.9985 / Low: 24.6468). On the other end, May was the most stable month, with a tight range of 0.6281 AOA (High: 22.9700 / Low: 22.3420).

October Spread (Volatile) ±9.3517

May Spread (Stable) ±0.6281

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9255 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 33.0873) against the same month in 2018 (average: 21.6264), the exchange rate shifted by +11.4609 (+52.99%).

2019 Avg (December) 33.0873

2018 Avg (December) 21.6264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.5391	21.1738	22.4309
February	23.4360	22.1624	22.7103
March	22.3188	21.6828	21.9475
April	22.8738	22.2019	22.5626
May	22.9700	22.3420	22.6942
June	24.1656	22.2239	23.1936
July	25.0413	24.2036	24.6151
August	24.0683	23.4145	23.6896
September	25.0846	23.7387	24.7086
October	33.9985	24.6468	28.7438
November	33.5243	30.8670	32.0112
December	34.4180	31.8805	33.0873