2014 ERN to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ERN to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ERN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 102.8727. Conversely, the yearly low was recorded on July 16, dropping to 96.8933.
This high-to-low spread represents a total annual volatility of 5.9794 AOA. From a start-to-finish perspective, comparing the January average rate of 97.6738 to the December average rate of 102.0528, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 102.8727 was up 4.95% compared to the 2013 peak of 98.0253, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ERN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
ERN to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 97.6935, compared to 98.9754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2819 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 1.8179 AOA (High: 102.8727 / Low: 101.0549). On the other end, February was the most stable month, with a tight range of 0.0167 AOA (High: 97.6172 / Low: 97.6005).
Growth Streaks & Declines
TrendsBetween 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 0.4490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 102.0528) against the same month in 2013 (average: 97.6108), the exchange rate shifted by +4.4419 (+4.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.0125 | 97.5984 | 97.6738 |
| February | 97.6172 | 97.6005 | 97.6083 |
| March | 97.9764 | 97.5937 | 97.6365 |
| April | 98.1566 | 97.6186 | 97.8218 |
| May | 97.9047 | 97.6282 | 97.7477 |
| June | 97.8877 | 97.5774 | 97.6727 |
| July | 97.5817 | 96.8933 | 97.2238 |
| August | 97.9556 | 97.5999 | 97.7661 |
| September | 98.2703 | 97.5847 | 97.8879 |
| October | 99.3305 | 98.2782 | 98.6888 |
| November | 100.8303 | 99.3299 | 100.2329 |
| December | 102.8727 | 101.0549 | 102.0528 |