2018 BND to AOA Historical Review

YEARLY HIGH

227.2355 AOA

YEARLY LOW

124.1027 AOA

YEARLY AVERAGE

178.2672 AOA

2018 BND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 227.2355. Conversely, the yearly low was recorded on January 1, dropping to 124.1027.

This high-to-low spread represents a total annual volatility of 103.1328 AOA. From a start-to-finish perspective, comparing the January average rate of 135.4724 to the December average rate of 196.9433, the exchange rate registered a net change of 45.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 227.2355 was up 82.67% compared to the 2017 peak of 124.3980, 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 1,136,178 AOA

2017 Average 601,141 AOA

Yearly Trough Low 620,514 AOA

Transaction Impact: A difference of 515,663.87 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

223.1050

127.5057

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 160.6861, compared to 195.8482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.1621 points.

H1 Avg (Jan–Jun) 160.6861

H2 Avg (Jul–Dec) 195.8482

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 34.3354 AOA (High: 158.4381 / Low: 124.1027). On the other end, March was the most stable month, with a tight range of 2.5988 AOA (High: 163.8989 / Low: 161.3001).

January Spread (Volatile) ±34.3354

March Spread (Stable) ±2.5988

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 17.0250 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -17.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 213.9683) against the same month in 2017 (average: 122.4215), the exchange rate shifted by +91.5468 (+74.78%).

2018 Avg (November) 213.9683

2017 Avg (November) 122.4215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	158.4381	124.1027	135.4724
February	161.5887	156.6614	159.1867
March	163.8989	161.3001	162.7822
April	169.8038	162.7171	165.6066
May	175.3602	157.8026	171.9483
June	184.8450	157.5438	169.1204
July	188.2919	167.9644	178.8715
August	197.5741	170.0569	176.6732
September	212.1665	182.8105	193.4945
October	222.7843	210.1260	215.1384
November	227.2355	196.9510	213.9683
December	225.3031	195.6356	196.9433