2018 ALL to AOA Historical Review

YEARLY HIGH

2.8729 AOA

YEARLY LOW

1.4895 AOA

YEARLY AVERAGE

2.3293 AOA

2018 ALL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ALL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.8729. Conversely, the yearly low was recorded on January 8, dropping to 1.4895.

This high-to-low spread represents a total annual volatility of 1.3835 AOA. From a start-to-finish perspective, comparing the January average rate of 1.6364 to the December average rate of 2.8471, the exchange rate registered a net change of 73.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8729 was up 91.79% compared to the 2017 peak of 1.4979, 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 14,365 AOA

2017 Average 6,992 AOA

Yearly Trough Low 7,447 AOA

Transaction Impact: A difference of 6,917.35 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9682

1.5153

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 2.0128, compared to 2.6459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6331 points.

H1 Avg (Jan–Jun) 2.0128

H2 Avg (Jul–Dec) 2.6459

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.4456 AOA (High: 1.9351 / Low: 1.4895). On the other end, November was the most stable month, with a tight range of 0.0420 AOA (High: 2.8489 / Low: 2.8069).

January Spread (Volatile) ±0.4456

November Spread (Stable) ±0.0420

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.8471) against the same month in 2017 (average: 1.4741), the exchange rate shifted by +1.3730 (+93.14%).

2018 Avg (December) 2.8471

2017 Avg (December) 1.4741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9351	1.4895	1.6364
February	1.9904	1.9169	1.9548
March	2.0476	1.9846	2.0129
April	2.1226	2.0141	2.0695
May	2.2253	2.1132	2.1628
June	2.3048	2.1918	2.2402
July	2.3888	2.2912	2.3492
August	2.5556	2.3621	2.4419
September	2.7051	2.5343	2.6301
October	2.8134	2.7183	2.7796
November	2.8489	2.8069	2.8275
December	2.8729	2.8242	2.8471