2017 AOA to TOP Historical Review

YEARLY HIGH

0.0141 TOP

YEARLY LOW

0.0132 TOP

YEARLY AVERAGE

0.0137 TOP

2017 AOA to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AOA to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0141. Conversely, the yearly low was recorded on August 19, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0009 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0138, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0141 was down 14.47% compared to the 2016 peak of 0.0165, 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 71 TOP

2016 Average 69 TOP

Yearly Trough Low 66 TOP

Transaction Impact: A difference of 4.75 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0140

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 0.0138, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0138

H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0004 TOP (High: 0.0137 / Low: 0.0133). On the other end, April was the most stable month, with a tight range of 0.0002 TOP (High: 0.0140 / Low: 0.0138).

July Spread (Volatile) ±0.0004

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0140) against the same month in 2016 (average: 0.0136), the exchange rate shifted by +0.0004 (+2.78%).

2017 Avg (May) 0.0140

2016 Avg (May) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0140	0.0138	0.0139
February	0.0138	0.0135	0.0136
March	0.0139	0.0135	0.0138
April	0.0140	0.0138	0.0138
May	0.0141	0.0138	0.0140
June	0.0138	0.0135	0.0137
July	0.0137	0.0133	0.0135
August	0.0135	0.0132	0.0133
September	0.0135	0.0132	0.0133
October	0.0137	0.0134	0.0135
November	0.0138	0.0136	0.0137
December	0.0139	0.0136	0.0138