2014 DJF to AOA Historical Review

YEARLY HIGH

0.5772 AOA

YEARLY LOW

0.5399 AOA

YEARLY AVERAGE

0.5509 AOA

2014 DJF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5772. Conversely, the yearly low was recorded on July 28, dropping to 0.5399.

This high-to-low spread represents a total annual volatility of 0.0373 AOA. From a start-to-finish perspective, comparing the January average rate of 0.5487 to the December average rate of 0.5721, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5772 was up 4.51% compared to the 2013 peak of 0.5523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,886 AOA

2013 Average 2,718 AOA

Yearly Trough Low 2,700 AOA

Transaction Impact: A difference of 186.36 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5750

0.5411

JanuMarcMayJulySeptNove

DJF 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 0.5477, compared to 0.5542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.5477

H2 Avg (Jul–Dec) 0.5542

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0129 AOA (High: 0.5664 / Low: 0.5535). On the other end, June was the most stable month, with a tight range of 0.0045 AOA (High: 0.5487 / Low: 0.5441).

November Spread (Volatile) ±0.0129

June Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0026 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.5721) against the same month in 2013 (average: 0.5481), the exchange rate shifted by +0.0241 (+4.39%).

2014 Avg (December) 0.5721

2013 Avg (December) 0.5481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5515	0.5455	0.5487
February	0.5505	0.5460	0.5481
March	0.5518	0.5461	0.5484
April	0.5512	0.5445	0.5477
May	0.5496	0.5440	0.5467
June	0.5487	0.5441	0.5465
July	0.5474	0.5399	0.5440
August	0.5490	0.5444	0.5468
September	0.5520	0.5452	0.5481
October	0.5579	0.5506	0.5527
November	0.5664	0.5535	0.5614
December	0.5772	0.5665	0.5721