2015 BTN to AOA Historical Review

YEARLY HIGH

2.1060 AOA

YEARLY LOW

1.6230 AOA

YEARLY AVERAGE

1.8637 AOA

2015 BTN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BTN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 2.1060. Conversely, the yearly low was recorded on January 6, dropping to 1.6230.

This high-to-low spread represents a total annual volatility of 0.4830 AOA. From a start-to-finish perspective, comparing the January average rate of 1.6626 to the December average rate of 2.0331, the exchange rate registered a net change of 22.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.1060 was up 25.92% compared to the 2014 peak of 1.6725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,530 AOA

2014 Average 8,059 AOA

Yearly Trough Low 8,115 AOA

Transaction Impact: A difference of 2,414.94 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.1266

1.6204

JanuMarcMayJulySeptNove

BTN 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 1.7232, compared to 2.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2809 points.

H1 Avg (Jan–Jun) 1.7232

H2 Avg (Jul–Dec) 2.0041

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.1904 AOA (High: 1.9109 / Low: 1.7205). On the other end, May was the most stable month, with a tight range of 0.0291 AOA (High: 1.7369 / Low: 1.7078).

June Spread (Volatile) ±0.1904

May Spread (Stable) ±0.0291

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 October and November, when the average rate fell by 0.0376 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 2.0844) against the same month in 2014 (average: 1.6077), the exchange rate shifted by +0.4767 (+29.65%).

2015 Avg (October) 2.0844

2014 Avg (October) 1.6077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6922	1.6230	1.6626
February	1.7205	1.6773	1.6964
March	1.7305	1.6945	1.7130
April	1.7562	1.7143	1.7370
May	1.7369	1.7078	1.7210
June	1.9109	1.7205	1.8094
July	1.9844	1.9056	1.9566
August	1.9742	1.8934	1.9355
September	2.0575	1.8817	1.9684
October	2.1060	2.0627	2.0844
November	2.0710	2.0239	2.0468
December	2.0500	2.0185	2.0331