2014 AOA to BTN Historical Review

YEARLY HIGH

0.6461 BTN

YEARLY LOW

0.5979 BTN

YEARLY AVERAGE

0.6206 BTN

2014 AOA to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.6461. Conversely, the yearly low was recorded on May 19, dropping to 0.5979.

This high-to-low spread represents a total annual volatility of 0.0482 BTN. From a start-to-finish perspective, comparing the January average rate of 0.6355 to the December average rate of 0.6151, the exchange rate registered a net change of -3.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6461 was down 8.52% compared to the 2013 peak of 0.7063, 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 3,230 BTN

2013 Average 3,034 BTN

Yearly Trough Low 2,990 BTN

Transaction Impact: A difference of 240.96 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6406

0.6042

JanuMarcMayJulySeptNove

AOA to BTN 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 0.6222, compared to 0.6190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.6222

H2 Avg (Jul–Dec) 0.6190

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0245 BTN (High: 0.6350 / Low: 0.6105). On the other end, August was the most stable month, with a tight range of 0.0069 BTN (High: 0.6264 / Low: 0.6195).

March Spread (Volatile) ±0.0245

August Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.6355) against the same month in 2013 (average: 0.5665), the exchange rate shifted by +0.0690 (+12.18%).

2014 Avg (January) 0.6355

2013 Avg (January) 0.5665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6461	0.6287	0.6355
February	0.6420	0.6341	0.6376
March	0.6350	0.6105	0.6246
April	0.6244	0.6094	0.6169
May	0.6170	0.5979	0.6073
June	0.6181	0.6041	0.6115
July	0.6231	0.6124	0.6177
August	0.6264	0.6195	0.6225
September	0.6279	0.6180	0.6215
October	0.6273	0.6179	0.6220
November	0.6188	0.6116	0.6156
December	0.6226	0.6072	0.6151