2015 AOA to NGN Historical Review

YEARLY HIGH

1.9462 NGN

YEARLY LOW

1.4607 NGN

YEARLY AVERAGE

1.6698 NGN

2015 AOA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AOA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 1.9462. Conversely, the yearly low was recorded on October 20, dropping to 1.4607.

This high-to-low spread represents a total annual volatility of 0.4855 NGN. From a start-to-finish perspective, comparing the January average rate of 1.7983 to the December average rate of 1.4702, the exchange rate registered a net change of -18.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.9462 was up 7.36% compared to the 2014 peak of 1.8129, 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 9,731 NGN

2014 Average 8,395 NGN

Yearly Trough Low 7,304 NGN

Transaction Impact: A difference of 2,427.71 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.9258

1.4272

JanuMarcMayJulySeptNove

AOA to NGN 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 1.8197, compared to 1.5198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2998 points.

H1 Avg (Jan–Jun) 1.8197

H2 Avg (Jul–Dec) 1.5198

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.1685 NGN (High: 1.8062 / Low: 1.6377). On the other end, August was the most stable month, with a tight range of 0.0067 NGN (High: 1.5848 / Low: 1.5781).

June Spread (Volatile) ±0.1685

August Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1278 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 1.8843) against the same month in 2014 (average: 1.6788), the exchange rate shifted by +0.2055 (+12.24%).

2015 Avg (February) 1.8843

2014 Avg (February) 1.6788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8460	1.7407	1.7983
February	1.9462	1.8132	1.8843
March	1.9053	1.8418	1.8651
April	1.8435	1.8204	1.8285
May	1.8227	1.8031	1.8152
June	1.8062	1.6377	1.7267
July	1.6409	1.5801	1.5989
August	1.5848	1.5781	1.5811
September	1.5849	1.4696	1.5287
October	1.4741	1.4607	1.4687
November	1.4757	1.4689	1.4714
December	1.4803	1.4635	1.4702