2014 AOA to HUF Historical Review

YEARLY HIGH

2.5379 HUF

YEARLY LOW

2.2119 HUF

YEARLY AVERAGE

2.3656 HUF

2014 AOA to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.5379. Conversely, the yearly low was recorded on January 1, dropping to 2.2119.

This high-to-low spread represents a total annual volatility of 0.3260 HUF. From a start-to-finish perspective, comparing the January average rate of 2.2670 to the December average rate of 2.4787, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5379 was up 2.47% compared to the 2013 peak of 2.4767, 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 12,689 HUF

2013 Average 11,588 HUF

Yearly Trough Low 11,059 HUF

Transaction Impact: A difference of 1,630.05 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5044

2.2454

JanuMarcMayJulySeptNove

AOA to HUF 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 2.2911, compared to 2.4401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1490 points.

H1 Avg (Jan–Jun) 2.2911

H2 Avg (Jul–Dec) 2.4401

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1523 HUF (High: 2.3642 / Low: 2.2119). On the other end, April was the most stable month, with a tight range of 0.0387 HUF (High: 2.2910 / Low: 2.2523).

January Spread (Volatile) ±0.1523

April Spread (Stable) ±0.0387

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0336 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.4787) against the same month in 2013 (average: 2.2415), the exchange rate shifted by +0.2371 (+10.58%).

2014 Avg (December) 2.4787

2013 Avg (December) 2.2415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3642	2.2119	2.2670
February	2.3772	2.3035	2.3254
March	2.3316	2.2797	2.3082
April	2.2910	2.2523	2.2746
May	2.2873	2.2443	2.2685
June	2.3255	2.2708	2.3032
July	2.4124	2.3318	2.3530
August	2.4579	2.3855	2.4105
September	2.5078	2.4479	2.4828
October	2.5171	2.4276	2.4603
November	2.5097	2.4143	2.4553
December	2.5379	2.4234	2.4787