2019 DJF to AOA Historical Review

YEARLY HIGH

2.7933 AOA

YEARLY LOW

1.7335 AOA

YEARLY AVERAGE

2.0484 AOA

2019 DJF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DJF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 2.7933. Conversely, the yearly low was recorded on January 1, dropping to 1.7335.

This high-to-low spread represents a total annual volatility of 1.0598 AOA. From a start-to-finish perspective, comparing the January average rate of 1.7539 to the December average rate of 2.6743, the exchange rate registered a net change of 52.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.7933 was up 60.15% compared to the 2018 peak of 1.7441, 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 13,967 AOA

2018 Average 7,086 AOA

Yearly Trough Low 8,668 AOA

Transaction Impact: A difference of 5,299.02 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.7663

1.6618

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 1.8026, compared to 2.2941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4915 points.

H1 Avg (Jan–Jun) 1.8026

H2 Avg (Jul–Dec) 2.2941

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.6701 AOA (High: 2.7933 / Low: 2.1232). On the other end, February was the most stable month, with a tight range of 0.0131 AOA (High: 1.7668 / Low: 1.7537).

October Spread (Volatile) ±0.6701

February Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.4015) against the same month in 2018 (average: 1.7018), the exchange rate shifted by +0.6997 (+41.11%).

2019 Avg (October) 2.4015

2018 Avg (October) 1.7018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0968	1.7335	1.7539
February	1.7668	1.7537	1.7609
March	1.7872	1.7645	1.7743
April	1.8151	1.7839	1.7926
May	1.8565	1.8151	1.8369
June	1.9116	1.8565	1.8972
July	1.9636	1.9311	1.9446
August	2.0335	1.9763	2.0197
September	2.1232	2.0332	2.0639
October	2.7933	2.1232	2.4015
November	2.7907	2.5898	2.6606
December	2.7598	2.5733	2.6743