2014 CLP to AOA Historical Review

YEARLY HIGH

0.1856 AOA

YEARLY LOW

0.1634 AOA

YEARLY AVERAGE

0.1725 AOA

2014 CLP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1856. Conversely, the yearly low was recorded on September 22, dropping to 0.1634.

This high-to-low spread represents a total annual volatility of 0.0222 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1817 to the December average rate of 0.1666, the exchange rate registered a net change of -8.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1856 was down 9.60% compared to the 2013 peak of 0.2053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 185,578 AOA

2013 Average 195,030 AOA

Yearly Trough Low 163,413 AOA

Transaction Impact: A difference of 22,164.81 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1833

0.1631

JanuMarcMayJulySeptNove

CLP 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 0.1767, compared to 0.1684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1767

H2 Avg (Jul–Dec) 0.1684

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0094 AOA (High: 0.1856 / Low: 0.1762). On the other end, September was the most stable month, with a tight range of 0.0030 AOA (High: 0.1664 / Low: 0.1634).

January Spread (Volatile) ±0.0094

September Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1817) against the same month in 2013 (average: 0.2027), the exchange rate shifted by -0.0211 (-10.40%).

2014 Avg (January) 0.1817

2013 Avg (January) 0.2027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1856	0.1762	0.1817
February	0.1784	0.1739	0.1762
March	0.1783	0.1700	0.1734
April	0.1796	0.1732	0.1762
May	0.1784	0.1728	0.1759
June	0.1779	0.1747	0.1765
July	0.1777	0.1697	0.1741
August	0.1708	0.1645	0.1687
September	0.1664	0.1634	0.1648
October	0.1723	0.1643	0.1676
November	0.1723	0.1657	0.1689
December	0.1698	0.1645	0.1666