2015 ERN to AOA Historical Review

YEARLY HIGH

136.1903 AOA

YEARLY LOW

103.0496 AOA

YEARLY AVERAGE

119.6910 AOA

2015 ERN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ERN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 136.1903. Conversely, the yearly low was recorded on January 4, dropping to 103.0496.

This high-to-low spread represents a total annual volatility of 33.1407 AOA. From a start-to-finish perspective, comparing the January average rate of 103.4341 to the December average rate of 135.3048, the exchange rate registered a net change of 30.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 136.1903 was up 32.39% compared to the 2014 peak of 102.8727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 680,952 AOA

2014 Average 491,698 AOA

Yearly Trough Low 515,248 AOA

Transaction Impact: A difference of 165,703.54 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

138.7724

100.2215

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 108.2545, compared to 131.1276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.8731 points.

H1 Avg (Jan–Jun) 108.2545

H2 Avg (Jul–Dec) 131.1276

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 11.2139 AOA (High: 121.4903 / Low: 110.2765). On the other end, August was the most stable month, with a tight range of 0.2687 AOA (High: 125.9287 / Low: 125.6600).

June Spread (Volatile) ±11.2139

August Spread (Stable) ±0.2687

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3247 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.3247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 135.5598) against the same month in 2014 (average: 98.6888), the exchange rate shifted by +36.8710 (+37.36%).

2015 Avg (October) 135.5598

2014 Avg (October) 98.6888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.8996	103.0496	103.4341
February	106.3389	103.8946	105.2446
March	108.1063	106.3140	106.9926
April	109.3025	107.9963	108.8258
May	110.3917	109.1858	109.6219
June	121.4903	110.2765	115.4081
July	125.9215	121.2603	124.4533
August	125.9287	125.6600	125.8515
September	135.4350	125.6250	130.3608
October	136.1903	135.1020	135.5598
November	135.3527	134.8868	135.2351
December	136.0800	134.3657	135.3048