2015 AOA to MRO Historical Review

YEARLY HIGH

2.9332 MRO

YEARLY LOW

2.1223 MRO

YEARLY AVERAGE

2.6074 MRO

2015 AOA to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AOA to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 2.9332. Conversely, the yearly low was recorded on October 11, dropping to 2.1223.

This high-to-low spread represents a total annual volatility of 0.8109 MRO. From a start-to-finish perspective, comparing the January average rate of 2.8166 to the December average rate of 2.2517, the exchange rate registered a net change of -20.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.9332 was down 3.64% compared to the 2014 peak of 3.0442, 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 14,666 MRO

2014 Average 14,857 MRO

Yearly Trough Low 10,612 MRO

Transaction Impact: A difference of 4,054.49 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.9489

2.1401

JanuMarcMayJulySeptNove

AOA to MRO 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 2.8147, compared to 2.4000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4147 points.

H1 Avg (Jan–Jun) 2.8147

H2 Avg (Jul–Dec) 2.4000

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.3872 MRO (High: 2.5449 / Low: 2.1577). On the other end, January was the most stable month, with a tight range of 0.0520 MRO (High: 2.8461 / Low: 2.7941).

September Spread (Volatile) ±0.3872

January Spread (Stable) ±0.0520

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1844 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 2.7832) against the same month in 2014 (average: 2.9956), the exchange rate shifted by -0.2124 (-7.09%).

2015 Avg (March) 2.7832

2014 Avg (March) 2.9956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8461	2.7941	2.8166
February	2.8321	2.7355	2.7704
March	2.9332	2.6835	2.7832
April	2.9147	2.8190	2.8815
May	2.9083	2.7755	2.8586
June	2.9263	2.6731	2.7782
July	2.7011	2.5792	2.6176
August	2.6016	2.4847	2.5504
September	2.5449	2.1577	2.3919
October	2.4260	2.1223	2.2075
November	2.5165	2.3305	2.3810
December	2.3095	2.1844	2.2517