2014 ALL to AOA Historical Review

YEARLY HIGH

0.9715 AOA

YEARLY LOW

0.8798 AOA

YEARLY AVERAGE

0.9329 AOA

2014 ALL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ALL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.9715. Conversely, the yearly low was recorded on October 5, dropping to 0.8798.

This high-to-low spread represents a total annual volatility of 0.0917 AOA. From a start-to-finish perspective, comparing the January average rate of 0.9463 to the December average rate of 0.8968, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9715 was up 1.16% compared to the 2013 peak of 0.9604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,858 AOA

2013 Average 4,567 AOA

Yearly Trough Low 4,399 AOA

Transaction Impact: A difference of 458.49 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9717

0.8884

JanuMarcMayJulySeptNove

ALL 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 0.9548, compared to 0.9111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0437 points.

H1 Avg (Jan–Jun) 0.9548

H2 Avg (Jul–Dec) 0.9111

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0321 AOA (High: 0.9201 / Low: 0.8880). On the other end, June was the most stable month, with a tight range of 0.0079 AOA (High: 0.9523 / Low: 0.9444).

September Spread (Volatile) ±0.0321

June Spread (Stable) ±0.0079

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 August and September, when the average rate fell by 0.0335 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.9587) against the same month in 2013 (average: 0.8850), the exchange rate shifted by +0.0736 (+8.32%).

2014 Avg (May) 0.9587

2013 Avg (May) 0.8850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9562	0.9393	0.9463
February	0.9593	0.9364	0.9491
March	0.9675	0.9574	0.9618
April	0.9705	0.9579	0.9648
May	0.9715	0.9487	0.9587
June	0.9523	0.9444	0.9481
July	0.9507	0.9334	0.9409
August	0.9422	0.9200	0.9350
September	0.9201	0.8880	0.9015
October	0.9064	0.8798	0.8971
November	0.9026	0.8870	0.8954
December	0.9103	0.8897	0.8968