2013 AOA to CVE Historical Review

YEARLY HIGH

0.8987 CVE

YEARLY LOW

0.8159 CVE

YEARLY AVERAGE

0.8596 CVE

2013 AOA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AOA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.8987. Conversely, the yearly low was recorded on December 17, dropping to 0.8159.

This high-to-low spread represents a total annual volatility of 0.0828 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8657 to the December average rate of 0.8227, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.8987 was down 6.68% compared to the 2012 peak of 0.9631, 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 4,493 CVE

2012 Average 4,506 CVE

Yearly Trough Low 4,080 CVE

Transaction Impact: A difference of 413.95 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.8916

0.8164

JanuMarcMayJulySeptNove

AOA to CVE 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 0.8746, compared to 0.8446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.8746

H2 Avg (Jul–Dec) 0.8446

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 0.0376 CVE (High: 0.8949 / Low: 0.8573). On the other end, November was the most stable month, with a tight range of 0.0134 CVE (High: 0.8448 / Low: 0.8314).

July Spread (Volatile) ±0.0376

November Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0207 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.8853) against the same month in 2012 (average: 0.8798), the exchange rate shifted by +0.0056 (+0.63%).

2013 Avg (March) 0.8853

2012 Avg (March) 0.8798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8785	0.8503	0.8657
February	0.8738	0.8439	0.8602
March	0.8987	0.8688	0.8853
April	0.8974	0.8748	0.8832
May	0.8956	0.8733	0.8835
June	0.8845	0.8587	0.8694
July	0.8949	0.8573	0.8757
August	0.8650	0.8503	0.8579
September	0.8647	0.8287	0.8470
October	0.8342	0.8170	0.8263
November	0.8448	0.8314	0.8378
December	0.8311	0.8159	0.8227