2016 AOA to TOP Historical Review

YEARLY HIGH

0.0165 TOP

YEARLY LOW

0.0132 TOP

YEARLY AVERAGE

0.0138 TOP

2016 AOA to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AOA to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0165. Conversely, the yearly low was recorded on November 9, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0034 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0137, the exchange rate registered a net change of -9.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0165 was down 14.80% compared to the 2015 peak of 0.0194, 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 83 TOP

2015 Average 89 TOP

Yearly Trough Low 66 TOP

Transaction Impact: A difference of 16.92 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0154

0.0132

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 0.0141, compared to 0.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0136

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0022 TOP (High: 0.0165 / Low: 0.0144). On the other end, September was the most stable month, with a tight range of 0.0001 TOP (High: 0.0136 / Low: 0.0135).

January Spread (Volatile) ±0.0022

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0152) against the same month in 2015 (average: 0.0192), the exchange rate shifted by -0.0040 (-20.68%).

2016 Avg (January) 0.0152

2015 Avg (January) 0.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0165	0.0144	0.0152
February	0.0150	0.0142	0.0145
March	0.0143	0.0139	0.0142
April	0.0140	0.0133	0.0136
May	0.0137	0.0134	0.0136
June	0.0138	0.0134	0.0135
July	0.0139	0.0136	0.0137
August	0.0137	0.0136	0.0136
September	0.0136	0.0135	0.0136
October	0.0136	0.0133	0.0134
November	0.0138	0.0132	0.0135
December	0.0140	0.0135	0.0137