2018 CDF to AOA Historical Review

YEARLY HIGH

0.1928 AOA

YEARLY LOW

0.1028 AOA

YEARLY AVERAGE

0.1554 AOA

2018 CDF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CDF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.1928. Conversely, the yearly low was recorded on January 8, dropping to 0.1028.

This high-to-low spread represents a total annual volatility of 0.0900 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1118 to the December average rate of 0.1901, the exchange rate registered a net change of 70.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1928 was up 33.67% compared to the 2017 peak of 0.1443, 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 964 AOA

2017 Average 574 AOA

Yearly Trough Low 514 AOA

Transaction Impact: A difference of 449.92 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1989

0.1038

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 0.1339, compared to 0.1769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0430 points.

H1 Avg (Jan–Jun) 0.1339

H2 Avg (Jul–Dec) 0.1769

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0263 AOA (High: 0.1291 / Low: 0.1028). On the other end, March was the most stable month, with a tight range of 0.0023 AOA (High: 0.1336 / Low: 0.1313).

January Spread (Volatile) ±0.0263

March Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1910) against the same month in 2017 (average: 0.1056), the exchange rate shifted by +0.0854 (+80.87%).

2018 Avg (November) 0.1910

2017 Avg (November) 0.1056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1291	0.1028	0.1118
February	0.1320	0.1285	0.1304
March	0.1336	0.1313	0.1324
April	0.1400	0.1325	0.1350
May	0.1483	0.1399	0.1438
June	0.1542	0.1470	0.1499
July	0.1627	0.1530	0.1563
August	0.1682	0.1577	0.1635
September	0.1802	0.1682	0.1746
October	0.1901	0.1814	0.1861
November	0.1928	0.1887	0.1910
December	0.1928	0.1878	0.1901