2016 AFN to AOA Historical Review

YEARLY HIGH

2.5253 AOA

YEARLY LOW

1.9702 AOA

YEARLY AVERAGE

2.4043 AOA

2016 AFN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 2.5253. Conversely, the yearly low was recorded on January 10, dropping to 1.9702.

This high-to-low spread represents a total annual volatility of 0.5552 AOA. From a start-to-finish perspective, comparing the January average rate of 2.1725 to the December average rate of 2.4942, the exchange rate registered a net change of 14.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5253 was up 19.06% compared to the 2015 peak of 2.1211, 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 12,627 AOA

2015 Average 9,756 AOA

Yearly Trough Low 9,851 AOA

Transaction Impact: A difference of 2,775.77 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5481

2.1383

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 2.3319, compared to 2.4767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1448 points.

H1 Avg (Jan–Jun) 2.3319

H2 Avg (Jul–Dec) 2.4767

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.3022 AOA (High: 2.2724 / Low: 1.9702). On the other end, October was the most stable month, with a tight range of 0.0147 AOA (High: 2.5232 / Low: 2.5085).

January Spread (Volatile) ±0.3022

October Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0174 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.4610) against the same month in 2015 (average: 1.9943), the exchange rate shifted by +0.4668 (+23.41%).

2016 Avg (August) 2.4610

2015 Avg (August) 1.9943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2724	1.9702	2.1725
February	2.3270	2.2579	2.2849
March	2.3389	2.3112	2.3251
April	2.4260	2.3386	2.3944
May	2.4249	2.4075	2.4155
June	2.4238	2.3840	2.3988
July	2.4218	2.4015	2.4108
August	2.5253	2.4114	2.4610
September	2.5232	2.4444	2.4835
October	2.5232	2.5085	2.5140
November	2.5186	2.4769	2.4965
December	2.5224	2.4848	2.4942