2021 ZAR to AOA Historical Review

YEARLY HIGH

47.8256 AOA

YEARLY LOW

34.4980 AOA

YEARLY AVERAGE

42.4829 AOA

2021 ZAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 47.8256. Conversely, the yearly low was recorded on December 30, dropping to 34.4980.

This high-to-low spread represents a total annual volatility of 13.3276 AOA. From a start-to-finish perspective, comparing the January average rate of 43.3841 to the December average rate of 35.5017, the exchange rate registered a net change of -18.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 47.8256 was up 6.07% compared to the 2020 peak of 45.0893, 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 2,391,281 AOA

2020 Average 1,767,526 AOA

Yearly Trough Low 1,724,901 AOA

Transaction Impact: A difference of 666,379.93 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

47.3675

34.4230

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 44.3692, compared to 40.5966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7726 points.

H1 Avg (Jan–Jun) 44.3692

H2 Avg (Jul–Dec) 40.5966

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 4.9110 AOA (High: 44.4606 / Low: 39.5495). On the other end, May was the most stable month, with a tight range of 1.5994 AOA (High: 46.7854 / Low: 45.1861).

September Spread (Volatile) ±4.9110

May Spread (Stable) ±1.5994

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.6185 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.6185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 46.2475) against the same month in 2020 (average: 34.4592), the exchange rate shifted by +11.7884 (+34.21%).

2021 Avg (June) 46.2475

2020 Avg (June) 34.4592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.6390	42.1066	43.3841
February	45.1872	42.2591	44.1391
March	42.6095	39.8022	41.5544
April	46.2301	42.9609	44.6009
May	46.7854	45.1861	46.2888
June	47.8256	44.7305	46.2475
July	45.3556	43.0998	44.2621
August	44.6031	41.5412	43.0780
September	44.4606	39.5495	42.4288
October	41.4359	39.1549	40.1886
November	40.0166	35.5515	38.1202
December	36.2885	34.4980	35.5017