2014 BND to AOA Historical Review

YEARLY HIGH

78.6937 AOA

YEARLY LOW

76.1629 AOA

YEARLY AVERAGE

77.6042 AOA

2014 BND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 78.6937. Conversely, the yearly low was recorded on January 26, dropping to 76.1629.

This high-to-low spread represents a total annual volatility of 2.5308 AOA. From a start-to-finish perspective, comparing the January average rate of 76.7543 to the December average rate of 77.5204, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 78.6937 was down 0.31% compared to the 2013 peak of 78.9393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 393,468 AOA

2013 Average 385,721 AOA

Yearly Trough Low 380,814 AOA

Transaction Impact: A difference of 12,654.11 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

78.4538

76.5998

JanuMarcMayJulySeptNove

BND 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 77.4971, compared to 77.7113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2142 points.

H1 Avg (Jan–Jun) 77.4971

H2 Avg (Jul–Dec) 77.7113

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.3484 AOA (High: 77.5113 / Low: 76.1629). On the other end, June was the most stable month, with a tight range of 0.5241 AOA (High: 78.2751 / Low: 77.7510).

January Spread (Volatile) ±1.3484

June Spread (Stable) ±0.5241

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8448 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.8448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 78.2993) against the same month in 2013 (average: 75.7011), the exchange rate shifted by +2.5982 (+3.43%).

2014 Avg (August) 78.2993

2013 Avg (August) 75.7011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	77.5113	76.1629	76.7543
February	77.4839	76.1771	77.0613
March	77.8103	76.5932	77.0699
April	78.5215	77.3353	77.9377
May	78.3649	77.7201	78.0739
June	78.2751	77.7510	78.0853
July	78.4946	77.8390	78.2076
August	78.6937	77.9824	78.2993
September	78.0581	76.9790	77.4544
October	77.8570	76.6138	77.4029
November	77.9517	76.6340	77.3834
December	78.2340	77.1475	77.5204