2022 AOA to TOP Historical Review

YEARLY HIGH

0.0058 TOP

YEARLY LOW

0.0041 TOP

YEARLY AVERAGE

0.0051 TOP

2022 AOA to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AOA to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.0058. Conversely, the yearly low was recorded on January 3, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0017 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0047, the exchange rate registered a net change of 9.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0058 was up 39.82% compared to the 2021 peak of 0.0041, 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 29 TOP

2021 Average 18 TOP

Yearly Trough Low 21 TOP

Transaction Impact: A difference of 8.38 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0058

0.0041

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 0.0050, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0050

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0006 TOP (High: 0.0057 / Low: 0.0051). On the other end, December was the most stable month, with a tight range of 0.0001 TOP (High: 0.0047 / Low: 0.0046).

April Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0056) against the same month in 2021 (average: 0.0035), the exchange rate shifted by +0.0022 (+63.12%).

2022 Avg (May) 0.0056

2021 Avg (May) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0043	0.0041	0.0042
February	0.0046	0.0043	0.0044
March	0.0050	0.0046	0.0049
April	0.0057	0.0051	0.0054
May	0.0058	0.0054	0.0056
June	0.0055	0.0053	0.0054
July	0.0055	0.0054	0.0055
August	0.0055	0.0054	0.0054
September	0.0056	0.0055	0.0055
October	0.0056	0.0050	0.0054
November	0.0050	0.0046	0.0048
December	0.0047	0.0046	0.0047