2020 ZAR to AOA Historical Review

YEARLY HIGH

45.0893 AOA

YEARLY LOW

28.0995 AOA

YEARLY AVERAGE

35.3446 AOA

2020 ZAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 45.0893. Conversely, the yearly low was recorded on April 5, dropping to 28.0995.

This high-to-low spread represents a total annual volatility of 16.9898 AOA. From a start-to-finish perspective, comparing the January average rate of 33.9356 to the December average rate of 44.0857, the exchange rate registered a net change of 29.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 45.0893 was up 31.01% compared to the 2019 peak of 34.4180, 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 2,254,466 AOA

2019 Average 1,260,770 AOA

Yearly Trough Low 1,404,973 AOA

Transaction Impact: A difference of 849,492.29 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

45.4948

28.5862

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 32.1485, compared to 38.5406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3921 points.

H1 Avg (Jan–Jun) 32.1485

H2 Avg (Jul–Dec) 38.5406

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 4.6435 AOA (High: 33.9678 / Low: 29.3242). On the other end, January was the most stable month, with a tight range of 1.4817 AOA (High: 34.5198 / Low: 33.0381).

May Spread (Volatile) ±4.6435

January Spread (Stable) ±1.4817

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 2.3603 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 44.0857) against the same month in 2019 (average: 33.0873), the exchange rate shifted by +10.9985 (+33.24%).

2020 Avg (December) 44.0857

2019 Avg (December) 33.0873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.5198	33.0381	33.9356
February	33.5950	31.4388	32.8577
March	32.2227	28.9480	30.4973
April	31.1302	28.0995	29.9953
May	33.9678	29.3242	31.1460
June	36.1188	33.3583	34.4592
July	34.8626	32.3935	33.9756
August	36.0047	32.3935	34.0414
September	38.7475	36.2407	37.0975
October	40.9566	37.8990	39.4165
November	43.5072	40.8860	42.6272
December	45.0893	42.8245	44.0857