2015 AFN to AOA Historical Review

YEARLY HIGH

2.1211 AOA

YEARLY LOW

1.7670 AOA

YEARLY AVERAGE

1.9506 AOA

2015 AFN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 2.1211. Conversely, the yearly low was recorded on January 2, dropping to 1.7670.

This high-to-low spread represents a total annual volatility of 0.3541 AOA. From a start-to-finish perspective, comparing the January average rate of 1.7923 to the December average rate of 2.0043, the exchange rate registered a net change of 11.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.1211 was up 19.93% compared to the 2014 peak of 1.7687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,605 AOA

2014 Average 8,626 AOA

Yearly Trough Low 8,835 AOA

Transaction Impact: A difference of 1,770.37 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.1349

1.7611

JanuMarcMayJulySeptNove

AFN 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 1.8620, compared to 2.0392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1772 points.

H1 Avg (Jan–Jun) 1.8620

H2 Avg (Jul–Dec) 2.0392

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.1761 AOA (High: 2.1211 / Low: 1.9450). On the other end, April was the most stable month, with a tight range of 0.0206 AOA (High: 1.8883 / Low: 1.8677).

September Spread (Volatile) ±0.1761

April Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0655 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 2.0431) against the same month in 2014 (average: 1.7242), the exchange rate shifted by +0.3189 (+18.49%).

2015 Avg (September) 2.0431

2014 Avg (September) 1.7242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8161	1.7670	1.7923
February	1.8548	1.8133	1.8354
March	1.8707	1.8441	1.8556
April	1.8883	1.8677	1.8807
May	1.8839	1.8312	1.8645
June	2.0317	1.8656	1.9437
July	2.0782	2.0061	2.0514
August	2.0549	1.9320	1.9943
September	2.1211	1.9450	2.0431
October	2.1146	2.0924	2.1038
November	2.0922	1.9806	2.0383
December	2.0369	1.9647	2.0043