2015 CDF to AOA Historical Review

YEARLY HIGH

0.1475 AOA

YEARLY LOW

0.1110 AOA

YEARLY AVERAGE

0.1292 AOA

2015 CDF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1475. Conversely, the yearly low was recorded on January 4, dropping to 0.1110.

This high-to-low spread represents a total annual volatility of 0.0365 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1117 to the December average rate of 0.1460, the exchange rate registered a net change of 30.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1475 was up 32.34% compared to the 2014 peak of 0.1115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 738 AOA

2014 Average 532 AOA

Yearly Trough Low 555 AOA

Transaction Impact: A difference of 182.38 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1496

0.1082

JanuMarcMayJulySeptNove

CDF 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 0.1169, compared to 0.1415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.1169

H2 Avg (Jul–Dec) 0.1415

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0119 AOA (High: 0.1311 / Low: 0.1192). On the other end, August was the most stable month, with a tight range of 0.0012 AOA (High: 0.1368 / Low: 0.1356).

June Spread (Volatile) ±0.0119

August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1460) against the same month in 2014 (average: 0.1102), the exchange rate shifted by +0.0358 (+32.51%).

2015 Avg (December) 0.1460

2014 Avg (December) 0.1102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1126	0.1110	0.1117
February	0.1157	0.1119	0.1137
March	0.1169	0.1146	0.1156
April	0.1183	0.1166	0.1175
May	0.1194	0.1178	0.1186
June	0.1311	0.1192	0.1247
July	0.1366	0.1307	0.1344
August	0.1368	0.1356	0.1359
September	0.1462	0.1353	0.1406
October	0.1473	0.1455	0.1462
November	0.1466	0.1454	0.1459
December	0.1475	0.1449	0.1460