2016 ARS to AOA Historical Review

YEARLY HIGH

12.0585 AOA

YEARLY LOW

9.7574 AOA

YEARLY AVERAGE

11.0509 AOA

2016 ARS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ARS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 12.0585. Conversely, the yearly low was recorded on January 9, dropping to 9.7574.

This high-to-low spread represents a total annual volatility of 2.3011 AOA. From a start-to-finish perspective, comparing the January average rate of 10.9890 to the December average rate of 10.4630, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.0585 was down 16.57% compared to the 2015 peak of 14.4543, 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 60,292 AOA

2015 Average 64,744 AOA

Yearly Trough Low 48,787 AOA

Transaction Impact: A difference of 11,505.63 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.8685

10.3352

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 11.1985, compared to 10.9032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2952 points.

H1 Avg (Jan–Jun) 11.1985

H2 Avg (Jul–Dec) 10.9032

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.9583 AOA (High: 11.7156 / Low: 9.7574). On the other end, October was the most stable month, with a tight range of 0.1672 AOA (High: 10.9592 / Low: 10.7920).

January Spread (Volatile) ±1.9583

October Spread (Stable) ±0.1672

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6161 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 11.7344) against the same month in 2015 (average: 12.7451), the exchange rate shifted by -1.0107 (-7.93%).

2016 Avg (June) 11.7344

2015 Avg (June) 12.7451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7156	9.7574	10.9890
February	11.0550	10.0636	10.6470
March	11.0592	10.0876	10.6892
April	11.8100	10.8612	11.3905
May	11.9177	11.6120	11.7408
June	12.0585	10.8912	11.7344
July	11.3519	11.0004	11.1184
August	11.2991	11.0037	11.1597
September	11.0980	10.7904	10.9701
October	10.9592	10.7920	10.9072
November	11.0522	10.5000	10.8009
December	10.7158	10.3381	10.4630