2018 ETB to AOA Historical Review

YEARLY HIGH

11.2032 AOA

YEARLY LOW

6.0167 AOA

YEARLY AVERAGE

9.0925 AOA

2018 ETB to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 11.2032. Conversely, the yearly low was recorded on January 13, dropping to 6.0167.

This high-to-low spread represents a total annual volatility of 5.1865 AOA. From a start-to-finish perspective, comparing the January average rate of 6.5195 to the December average rate of 10.9567, the exchange rate registered a net change of 68.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.2032 was up 50.46% compared to the 2017 peak of 7.4459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,016 AOA

2017 Average 34,789 AOA

Yearly Trough Low 30,083 AOA

Transaction Impact: A difference of 25,932.54 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.5276

6.0642

JanuMarcMayJulySeptNove

ETB 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 7.8508, compared to 10.3342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4834 points.

H1 Avg (Jan–Jun) 7.8508

H2 Avg (Jul–Dec) 10.3342

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.5402 AOA (High: 7.5569 / Low: 6.0167). On the other end, March was the most stable month, with a tight range of 0.1245 AOA (High: 7.8497 / Low: 7.7253).

January Spread (Volatile) ±1.5402

March Spread (Stable) ±0.1245

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1156 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.1156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 11.0723) against the same month in 2017 (average: 6.0759), the exchange rate shifted by +4.9964 (+82.23%).

2018 Avg (November) 11.0723

2017 Avg (November) 6.0759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.5569	6.0167	6.5195
February	7.7808	7.5085	7.6401
March	7.8497	7.7253	7.7867
April	8.2078	7.7750	7.9351
May	8.6924	8.1976	8.4407
June	9.0378	8.6080	8.7829
July	9.3442	9.0107	9.1861
August	9.9957	9.2704	9.6233
September	10.6253	9.9917	10.2993
October	11.1236	10.6579	10.8674
November	11.2032	10.9915	11.0723
December	11.0708	10.8473	10.9567