2018 BAM to AOA Historical Review

YEARLY HIGH

185.0795 AOA

YEARLY LOW

101.5295 AOA

YEARLY AVERAGE

151.6070 AOA

2018 BAM to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BAM to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 185.0795. Conversely, the yearly low was recorded on January 8, dropping to 101.5295.

This high-to-low spread represents a total annual volatility of 83.5500 AOA. From a start-to-finish perspective, comparing the January average rate of 111.6358 to the December average rate of 179.7849, the exchange rate registered a net change of 61.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 185.0795 was up 81.28% compared to the 2017 peak of 102.0962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 925,397 AOA

2017 Average 479,269 AOA

Yearly Trough Low 507,647 AOA

Transaction Impact: A difference of 417,749.99 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

187.5733

104.7324

JanuMarcMayJulySeptNove

BAM 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 133.5560, compared to 169.6580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1020 points.

H1 Avg (Jan–Jun) 133.5560

H2 Avg (Jul–Dec) 169.6580

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 30.6992 AOA (High: 132.2287 / Low: 101.5295). On the other end, March was the most stable month, with a tight range of 1.9794 AOA (High: 135.8312 / Low: 133.8518).

January Spread (Volatile) ±30.6992

March Spread (Stable) ±1.9794

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8850 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.8850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 180.6699) against the same month in 2017 (average: 99.5747), the exchange rate shifted by +81.0952 (+81.44%).

2018 Avg (November) 180.6699

2017 Avg (November) 99.5747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	132.2287	101.5295	111.6358
February	134.6008	130.8307	132.6985
March	135.8312	133.8518	134.9950
April	141.1116	134.5284	137.0152
May	142.9415	138.6004	140.5049
June	148.4428	141.5168	144.4866
July	156.0147	147.7967	151.6887
August	165.1798	152.2210	157.0921
September	176.8044	164.6895	170.7126
October	181.0637	175.4362	177.9999
November	185.0795	178.5500	180.6699
December	180.8845	178.0808	179.7849