2014 AOA to BAM Historical Review

YEARLY HIGH

0.0159 BAM

YEARLY LOW

0.0144 BAM

YEARLY AVERAGE

0.0150 BAM

2014 AOA to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0159. Conversely, the yearly low was recorded on May 6, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0015 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0156, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0159 was down 0.14% compared to the 2013 peak of 0.0159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 BAM

2013 Average 76 BAM

Yearly Trough Low 72 BAM

Transaction Impact: A difference of 7.60 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0158

0.0144

JanuMarcMayJulySeptNove

AOA to BAM 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 0.0146, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0146

H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0005 BAM (High: 0.0157 / Low: 0.0153). On the other end, June was the most stable month, with a tight range of 0.0001 BAM (High: 0.0148 / Low: 0.0147).

September Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0157) against the same month in 2013 (average: 0.0147), the exchange rate shifted by +0.0009 (+6.22%).

2014 Avg (October) 0.0157

2013 Avg (October) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0148	0.0146	0.0147
February	0.0149	0.0146	0.0147
March	0.0146	0.0144	0.0145
April	0.0146	0.0144	0.0145
May	0.0147	0.0144	0.0146
June	0.0148	0.0147	0.0147
July	0.0151	0.0147	0.0149
August	0.0153	0.0149	0.0150
September	0.0157	0.0153	0.0155
October	0.0159	0.0155	0.0157
November	0.0158	0.0155	0.0157
December	0.0157	0.0153	0.0156