2019 AOA to ETB Historical Review

YEARLY HIGH

0.0920 ETB

YEARLY LOW

0.0595 ETB

YEARLY AVERAGE

0.0817 ETB

2019 AOA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AOA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0920. Conversely, the yearly low was recorded on October 29, dropping to 0.0595.

This high-to-low spread represents a total annual volatility of 0.0325 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0914 to the December average rate of 0.0662, the exchange rate registered a net change of -27.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0920 was down 44.63% compared to the 2018 peak of 0.1662, 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 460 ETB

2018 Average 564 ETB

Yearly Trough Low 298 ETB

Transaction Impact: A difference of 162.44 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0942

0.0604

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 0.0895, compared to 0.0740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.0895

H2 Avg (Jul–Dec) 0.0740

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0183 ETB (High: 0.0778 / Low: 0.0595). On the other end, February was the most stable month, with a tight range of 0.0009 ETB (High: 0.0913 / Low: 0.0904).

October Spread (Volatile) ±0.0183

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0102 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0914) against the same month in 2018 (average: 0.1541), the exchange rate shifted by -0.0627 (-40.68%).

2019 Avg (January) 0.0914

2018 Avg (January) 0.1541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0920	0.0902	0.0914
February	0.0913	0.0904	0.0908
March	0.0913	0.0895	0.0904
April	0.0910	0.0884	0.0902
May	0.0892	0.0869	0.0883
June	0.0881	0.0842	0.0857
July	0.0848	0.0826	0.0837
August	0.0826	0.0795	0.0811
September	0.0812	0.0780	0.0800
October	0.0778	0.0595	0.0697
November	0.0652	0.0596	0.0632
December	0.0693	0.0623	0.0662