2014 AOA to CDF Historical Review

YEARLY HIGH

9.5446 CDF

YEARLY LOW

8.9716 CDF

YEARLY AVERAGE

9.3936 CDF

2014 AOA to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 9.5446. Conversely, the yearly low was recorded on December 31, dropping to 8.9716.

This high-to-low spread represents a total annual volatility of 0.5729 CDF. From a start-to-finish perspective, comparing the January average rate of 9.4630 to the December average rate of 9.0750, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.5446 was down 1.57% compared to the 2013 peak of 9.6973, 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 47,723 CDF

2013 Average 47,805 CDF

Yearly Trough Low 44,858 CDF

Transaction Impact: A difference of 2,864.63 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.5334

9.0333

JanuMarcMayJulySeptNove

AOA to CDF 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 9.4461, compared to 9.3412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1049 points.

H1 Avg (Jan–Jun) 9.4461

H2 Avg (Jul–Dec) 9.3412

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.2019 CDF (High: 9.1736 / Low: 8.9716). On the other end, January was the most stable month, with a tight range of 0.0591 CDF (High: 9.4945 / Low: 9.4354).

December Spread (Volatile) ±0.2019

January Spread (Stable) ±0.0591

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 0.1587 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 9.4917) against the same month in 2013 (average: 9.5696), the exchange rate shifted by -0.0779 (-0.81%).

2014 Avg (July) 9.4917

2013 Avg (July) 9.5696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4945	9.4354	9.4630
February	9.4809	9.3912	9.4499
March	9.4778	9.4120	9.4495
April	9.4767	9.3811	9.4323
May	9.4623	9.3724	9.4339
June	9.5137	9.3839	9.4479
July	9.5446	9.4385	9.4917
August	9.4695	9.4034	9.4415
September	9.5078	9.3865	9.4368
October	9.4110	9.3025	9.3684
November	9.3426	9.1699	9.2337
December	9.1736	8.9716	9.0750