2017 ARS to AOA Historical Review

YEARLY HIGH

10.9747 AOA

YEARLY LOW

8.6504 AOA

YEARLY AVERAGE

10.0556 AOA

2017 ARS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 10.9747. Conversely, the yearly low was recorded on December 28, dropping to 8.6504.

This high-to-low spread represents a total annual volatility of 2.3243 AOA. From a start-to-finish perspective, comparing the January average rate of 10.4425 to the December average rate of 9.3676, the exchange rate registered a net change of -10.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.9747 was down 8.99% compared to the 2016 peak of 12.0585, 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 54,874 AOA

2016 Average 55,256 AOA

Yearly Trough Low 43,252 AOA

Transaction Impact: A difference of 11,621.65 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.9623

9.2227

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 10.5802, compared to 9.5310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0492 points.

H1 Avg (Jan–Jun) 10.5802

H2 Avg (Jul–Dec) 9.5310

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.9913 AOA (High: 9.6417 / Low: 8.6504). On the other end, January was the most stable month, with a tight range of 0.1881 AOA (High: 10.5070 / Low: 10.3189).

December Spread (Volatile) ±0.9913

January Spread (Stable) ±0.1881

Growth Streaks & Declines

Trends

Between January and April, 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 0.6408 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 10.8173) against the same month in 2016 (average: 11.3905), the exchange rate shifted by -0.5732 (-5.03%).

2017 Avg (April) 10.8173

2016 Avg (April) 11.3905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5070	10.3189	10.4425
February	10.7984	10.5044	10.6546
March	10.8518	10.6159	10.6910
April	10.9747	10.7165	10.8173
May	10.8603	10.2524	10.5675
June	10.4581	9.9808	10.3081
July	10.0625	9.3171	9.6673
August	9.7486	9.3666	9.5252
September	9.7745	9.4456	9.6286
October	9.5765	9.3768	9.5068
November	9.5898	9.4010	9.4902
December	9.6417	8.6504	9.3676