2014 AZN to AOA Historical Review

YEARLY HIGH

131.2934 AOA

YEARLY LOW

123.5569 AOA

YEARLY AVERAGE

125.4057 AOA

2014 AZN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 131.2934. Conversely, the yearly low was recorded on July 16, dropping to 123.5569.

This high-to-low spread represents a total annual volatility of 7.7366 AOA. From a start-to-finish perspective, comparing the January average rate of 124.5508 to the December average rate of 130.1426, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 131.2934 was up 5.03% compared to the 2013 peak of 125.0003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 656,467 AOA

2013 Average 614,989 AOA

Yearly Trough Low 617,784 AOA

Transaction Impact: A difference of 38,682.87 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

130.7578

123.3751

JanuMarcMayJulySeptNove

AZN 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 124.5842, compared to 126.2273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6431 points.

H1 Avg (Jan–Jun) 124.5842

H2 Avg (Jul–Dec) 126.2273

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 2.4352 AOA (High: 131.2934 / Low: 128.8582). On the other end, February was the most stable month, with a tight range of 0.0595 AOA (High: 124.5023 / Low: 124.4428).

December Spread (Volatile) ±2.4352

February Spread (Stable) ±0.0595

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.5765 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 130.1426) against the same month in 2013 (average: 124.4684), the exchange rate shifted by +5.6741 (+4.56%).

2014 Avg (December) 130.1426

2013 Avg (December) 124.4684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	124.9822	124.4690	124.5508
February	124.5023	124.4428	124.4703
March	124.9488	124.4553	124.5187
April	125.1785	124.4924	124.7517
May	124.8753	124.4846	124.6468
June	124.8250	124.4397	124.5669
July	124.4399	123.5569	123.9904
August	124.9221	124.4544	124.6945
September	125.3448	124.4491	124.8522
October	126.6701	125.3548	125.8671
November	128.5718	126.6693	127.8169
December	131.2934	128.8582	130.1426