2015 ARS to AOA Historical Review

YEARLY HIGH

14.4543 AOA

YEARLY LOW

10.1958 AOA

YEARLY AVERAGE

12.9456 AOA

2015 ARS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ARS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 14.4543. Conversely, the yearly low was recorded on December 17, dropping to 10.1958.

This high-to-low spread represents a total annual volatility of 4.2585 AOA. From a start-to-finish perspective, comparing the January average rate of 12.0321 to the December average rate of 12.1937, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 14.4543 was down 3.49% compared to the 2014 peak of 14.9769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 72,271 AOA

2014 Average 60,788 AOA

Yearly Trough Low 50,979 AOA

Transaction Impact: A difference of 21,292.64 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

14.5377

11.8043

JanuMarcMayJulySeptNove

ARS to AOA 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 12.2703, compared to 13.6208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3506 points.

H1 Avg (Jan–Jun) 12.2703

H2 Avg (Jul–Dec) 13.6208

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 3.7433 AOA (High: 13.9391 / Low: 10.1958). On the other end, May was the most stable month, with a tight range of 0.0550 AOA (High: 12.2684 / Low: 12.2135).

December Spread (Volatile) ±3.7433

May Spread (Stable) ±0.0550

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.8873 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.8873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 14.3099) against the same month in 2014 (average: 11.6413), the exchange rate shifted by +2.6686 (+22.92%).

2015 Avg (October) 14.3099

2014 Avg (October) 11.6413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0951	11.9951	12.0321
February	12.2001	12.0327	12.1247
March	12.2672	12.1446	12.1876
April	12.3763	12.2435	12.2900
May	12.2684	12.2135	12.2420
June	13.3598	12.1783	12.7451
July	13.7556	13.3343	13.6117
August	13.6938	13.5158	13.6125
September	14.4195	13.4544	13.9164
October	14.4543	14.2141	14.3099
November	14.3007	13.9589	14.0809
December	13.9391	10.1958	12.1937