2014 AOA to ETB Historical Review

YEARLY HIGH

0.2055 ETB

YEARLY LOW

0.1948 ETB

YEARLY AVERAGE

0.2000 ETB

2014 AOA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.2055. Conversely, the yearly low was recorded on February 5, dropping to 0.1948.

This high-to-low spread represents a total annual volatility of 0.0107 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1962 to the December average rate of 0.1977, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2055 was up 4.26% compared to the 2013 peak of 0.1971, 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 1,028 ETB

2013 Average 970 ETB

Yearly Trough Low 974 ETB

Transaction Impact: A difference of 53.59 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2044

0.1955

JanuMarcMayJulySeptNove

AOA to ETB 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 0.1983, compared to 0.2017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1983

H2 Avg (Jul–Dec) 0.2017

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0038 ETB (High: 0.2027 / Low: 0.1989). On the other end, June was the most stable month, with a tight range of 0.0009 ETB (High: 0.2008 / Low: 0.2000).

November Spread (Volatile) ±0.0038

June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0027 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.2037) against the same month in 2013 (average: 0.1951), the exchange rate shifted by +0.0085 (+4.37%).

2014 Avg (September) 0.2037

2013 Avg (September) 0.1951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1972	0.1949	0.1962
February	0.1981	0.1948	0.1972
March	0.1983	0.1964	0.1976
April	0.2001	0.1974	0.1989
May	0.2004	0.1988	0.1997
June	0.2008	0.2000	0.2005
July	0.2040	0.2009	0.2029
August	0.2041	0.2021	0.2028
September	0.2055	0.2030	0.2037
October	0.2042	0.2011	0.2028
November	0.2027	0.1989	0.2004
December	0.1994	0.1966	0.1977