2021 ZMW to AOA Historical Review

YEARLY HIGH

658.6130 AOA

YEARLY LOW

550.5900 AOA

YEARLY AVERAGE

626.5657 AOA

2021 ZMW to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZMW to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 658.6130. Conversely, the yearly low was recorded on December 31, dropping to 550.5900.

This high-to-low spread represents a total annual volatility of 108.0230 AOA. From a start-to-finish perspective, comparing the January average rate of 655.7438 to the December average rate of 563.6840, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 658.6130 was down 1.24% compared to the 2020 peak of 666.8750, 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 3,293,065 AOA

2020 Average 2,894,824 AOA

Yearly Trough Low 2,752,950 AOA

Transaction Impact: A difference of 540,115.00 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

664.9498

554.4780

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 644.6081, compared to 608.5233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.0848 points.

H1 Avg (Jan–Jun) 644.6081

H2 Avg (Jul–Dec) 608.5233

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 34.8010 AOA (High: 633.9690 / Low: 599.1680). On the other end, October was the most stable month, with a tight range of 2.1000 AOA (High: 599.1000 / Low: 597.0000).

September Spread (Volatile) ±34.8010

October Spread (Stable) ±2.1000

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 February and March, when the average rate fell by 29.1536 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -29.1536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 643.1990) against the same month in 2020 (average: 558.4297), the exchange rate shifted by +84.7693 (+15.18%).

2021 Avg (April) 643.1990

2020 Avg (April) 558.4297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	657.5020	649.9400	655.7438
February	656.2120	635.9500	651.7900
March	629.9790	614.5000	622.6364
April	658.6130	627.7933	643.1990
May	654.9810	642.0000	650.5707
June	649.7040	642.0000	643.7086
July	645.0960	638.6220	641.9469
August	638.6220	634.5270	637.0985
September	633.9690	599.1680	618.0078
October	599.1000	597.0000	597.8022
November	599.0270	565.1380	592.6003
December	568.6770	550.5900	563.6840