2014 AOA to BWP Historical Review

YEARLY HIGH

0.0946 BWP

YEARLY LOW

0.0886 BWP

YEARLY AVERAGE

0.0913 BWP

2014 AOA to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0946. Conversely, the yearly low was recorded on May 14, dropping to 0.0886.

This high-to-low spread represents a total annual volatility of 0.0061 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0914 to the December average rate of 0.0927, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0946 was up 3.67% compared to the 2013 peak of 0.0913, 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 473 BWP

2013 Average 435 BWP

Yearly Trough Low 443 BWP

Transaction Impact: A difference of 30.28 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0933

0.0887

JanuMarcMayJulySeptNove

AOA to BWP 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 0.0905, compared to 0.0921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0905

H2 Avg (Jul–Dec) 0.0921

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0044 BWP (High: 0.0936 / Low: 0.0892). On the other end, May was the most stable month, with a tight range of 0.0010 BWP (High: 0.0896 / Low: 0.0886).

January Spread (Volatile) ±0.0044

May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0929) against the same month in 2013 (average: 0.0871), the exchange rate shifted by +0.0059 (+6.75%).

2014 Avg (October) 0.0929

2013 Avg (October) 0.0871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0936	0.0892	0.0914
February	0.0937	0.0905	0.0920
March	0.0916	0.0896	0.0906
April	0.0904	0.0887	0.0896
May	0.0896	0.0886	0.0890
June	0.0910	0.0892	0.0904
July	0.0915	0.0901	0.0909
August	0.0913	0.0900	0.0908
September	0.0942	0.0912	0.0929
October	0.0946	0.0917	0.0929
November	0.0935	0.0910	0.0921
December	0.0935	0.0911	0.0927