2014 BWP to AOA Historical Review

YEARLY HIGH

11.2924 AOA

YEARLY LOW

10.5696 AOA

YEARLY AVERAGE

10.9567 AOA

2014 BWP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 11.2924. Conversely, the yearly low was recorded on October 5, dropping to 10.5696.

This high-to-low spread represents a total annual volatility of 0.7229 AOA. From a start-to-finish perspective, comparing the January average rate of 10.9403 to the December average rate of 10.7922, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.2924 was down 8.43% compared to the 2013 peak of 12.3316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,462 AOA

2013 Average 57,499 AOA

Yearly Trough Low 52,848 AOA

Transaction Impact: A difference of 3,614.28 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.2779

10.7137

JanuMarcMayJulySeptNove

BWP 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 11.0482, compared to 10.8653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1830 points.

H1 Avg (Jan–Jun) 11.0482

H2 Avg (Jul–Dec) 10.8653

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5248 AOA (High: 11.2070 / Low: 10.6822). On the other end, May was the most stable month, with a tight range of 0.1267 AOA (High: 11.2924 / Low: 11.1657).

January Spread (Volatile) ±0.5248

May Spread (Stable) ±0.1267

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.2493 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 11.2309) against the same month in 2013 (average: 11.5913), the exchange rate shifted by -0.3604 (-3.11%).

2014 Avg (May) 11.2309

2013 Avg (May) 11.5913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2070	10.6822	10.9403
February	11.0533	10.6688	10.8657
March	11.1637	10.9222	11.0351
April	11.2784	11.0665	11.1610
May	11.2924	11.1657	11.2309
June	11.2078	10.9839	11.0563
July	11.0938	10.9309	11.0000
August	11.1119	10.9520	11.0146
September	10.9630	10.6116	10.7652
October	10.9077	10.5696	10.7607
November	10.9843	10.6940	10.8588
December	10.9774	10.6895	10.7922