2015 AOA to TOP Historical Review

YEARLY HIGH

0.0194 TOP

YEARLY LOW

0.0159 TOP

YEARLY AVERAGE

0.0178 TOP

2015 AOA to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AOA to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0194. Conversely, the yearly low was recorded on September 24, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0035 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0192 to the December average rate of 0.0166, the exchange rate registered a net change of -13.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0194 was down 3.61% compared to the 2014 peak of 0.0201, 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 97 TOP

2014 Average 96 TOP

Yearly Trough Low 80 TOP

Transaction Impact: A difference of 17.45 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0194

0.0162

JanuMarcMayJulySeptNove

AOA to TOP 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 0.0187, compared to 0.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0187

H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.0021 TOP (High: 0.0180 / Low: 0.0159). On the other end, January was the most stable month, with a tight range of 0.0002 TOP (High: 0.0192 / Low: 0.0190).

September Spread (Volatile) ±0.0021

January Spread (Stable) ±0.0002

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 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.0191) against the same month in 2014 (average: 0.0192), the exchange rate shifted by -0.0001 (-0.40%).

2015 Avg (February) 0.0191

2014 Avg (February) 0.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0192	0.0190	0.0192
February	0.0194	0.0188	0.0191
March	0.0191	0.0187	0.0188
April	0.0188	0.0185	0.0186
May	0.0186	0.0183	0.0185
June	0.0190	0.0174	0.0181
July	0.0178	0.0172	0.0174
August	0.0180	0.0176	0.0177
September	0.0180	0.0159	0.0169
October	0.0166	0.0162	0.0165
November	0.0166	0.0163	0.0164
December	0.0168	0.0164	0.0166