2014 AOA to BIF Historical Review

YEARLY HIGH

16.0369 BIF

YEARLY LOW

15.1563 BIF

YEARLY AVERAGE

15.7895 BIF

2014 AOA to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 16.0369. Conversely, the yearly low was recorded on December 27, dropping to 15.1563.

This high-to-low spread represents a total annual volatility of 0.8806 BIF. From a start-to-finish perspective, comparing the January average rate of 15.8578 to the December average rate of 15.3363, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 16.0369 was down 2.70% compared to the 2013 peak of 16.4817, 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 80,185 BIF

2013 Average 80,305 BIF

Yearly Trough Low 75,782 BIF

Transaction Impact: A difference of 4,403.08 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

15.9909

15.2768

JanuMarcMayJulySeptNove

AOA to BIF 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 15.8570, compared to 15.7220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1350 points.

H1 Avg (Jan–Jun) 15.8570

H2 Avg (Jul–Dec) 15.7220

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.3992 BIF (High: 15.9903 / Low: 15.5911). On the other end, March was the most stable month, with a tight range of 0.1143 BIF (High: 15.9450 / Low: 15.8307).

October Spread (Volatile) ±0.3992

March Spread (Stable) ±0.1143

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2507 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 15.9314) against the same month in 2013 (average: 16.0500), the exchange rate shifted by -0.1186 (-0.74%).

2014 Avg (July) 15.9314

2013 Avg (July) 16.0500

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.9345	15.7792	15.8578
February	15.9442	15.7382	15.8907
March	15.9450	15.8307	15.8991
April	15.9201	15.7625	15.8346
May	15.9012	15.7576	15.8285
June	15.9226	15.7791	15.8316
July	16.0369	15.8383	15.9314
August	15.9349	15.7745	15.8508
September	15.9071	15.7518	15.8252
October	15.9903	15.5911	15.8014
November	15.7531	15.4749	15.5870
December	15.4913	15.1563	15.3363