2020 ZMW to AOA Historical Review

YEARLY HIGH

666.8750 AOA

YEARLY LOW

482.2270 AOA

YEARLY AVERAGE

578.8179 AOA

2020 ZMW to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZMW to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 666.8750. Conversely, the yearly low was recorded on January 6, dropping to 482.2270.

This high-to-low spread represents a total annual volatility of 184.6480 AOA. From a start-to-finish perspective, comparing the January average rate of 488.8600 to the December average rate of 655.4075, the exchange rate registered a net change of 34.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 666.8750 was up 34.09% compared to the 2019 peak of 497.3485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,334,375 AOA

2019 Average 1,823,975 AOA

Yearly Trough Low 2,411,135 AOA

Transaction Impact: A difference of 923,240.00 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

678.7788

471.5946

JanuMarcMayJulySeptNove

ZMW 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 534.2193, compared to 623.4165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 89.1972 points.

H1 Avg (Jan–Jun) 534.2193

H2 Avg (Jul–Dec) 623.4165

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 47.7900 AOA (High: 600.7100 / Low: 552.9200). On the other end, February was the most stable month, with a tight range of 3.7305 AOA (High: 496.3605 / Low: 492.6300).

August Spread (Volatile) ±47.7900

February Spread (Stable) ±3.7305

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 20.2546 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -20.2546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 661.5134) against the same month in 2019 (average: 473.6473), the exchange rate shifted by +187.8661 (+39.66%).

2020 Avg (November) 661.5134

2019 Avg (November) 473.6473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	496.5535	482.2270	488.8600
February	496.3605	492.6300	494.5439
March	536.6800	491.8885	508.6345
April	567.4600	536.6800	558.4297
May	589.6670	545.0000	564.9270
June	606.3300	571.7350	589.9206
July	584.4500	552.9200	569.6660
August	600.7100	552.9200	585.9586
September	627.2600	605.2500	620.2181
October	665.5060	630.5120	647.7355
November	666.8750	646.3200	661.5134
December	659.4940	653.5650	655.4075