2016 AOA to BIF Historical Review

YEARLY HIGH

11.5895 BIF

YEARLY LOW

9.3139 BIF

YEARLY AVERAGE

9.9324 BIF

2016 AOA to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AOA to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 11.5895. Conversely, the yearly low was recorded on April 21, dropping to 9.3139.

This high-to-low spread represents a total annual volatility of 2.2756 BIF. From a start-to-finish perspective, comparing the January average rate of 10.5249 to the December average rate of 10.1101, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.5895 was down 24.05% compared to the 2015 peak of 15.2585, 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 57,948 BIF

2015 Average 66,097 BIF

Yearly Trough Low 46,570 BIF

Transaction Impact: A difference of 11,378.00 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.6369

9.2933

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 9.8026, compared to 10.0622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2596 points.

H1 Avg (Jan–Jun) 9.8026

H2 Avg (Jul–Dec) 10.0622

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.6391 BIF (High: 11.5895 / Low: 9.9504). On the other end, October was the most stable month, with a tight range of 0.0657 BIF (High: 10.0933 / Low: 10.0276).

January Spread (Volatile) ±1.6391

October Spread (Stable) ±0.0657

Growth Streaks & Declines

Trends

Between May and December, 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 January and February, when the average rate fell by 0.6100 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.6100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 10.5249) against the same month in 2015 (average: 15.1511), the exchange rate shifted by -4.6262 (-30.53%).

2016 Avg (January) 10.5249

2015 Avg (January) 15.1511

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5895	9.9504	10.5249
February	10.0805	9.7917	9.9149
March	9.8909	9.7076	9.8042
April	9.7234	9.3139	9.4823
May	9.4538	9.3432	9.4052
June	10.1847	9.3509	9.6841
July	10.0562	9.9774	10.0101
August	10.1158	9.9780	10.0377
September	10.1108	10.0088	10.0515
October	10.0933	10.0276	10.0666
November	10.1341	10.0457	10.0975
December	10.1974	10.0561	10.1101