2019 ETB to AOA Historical Review

YEARLY HIGH

16.7942 AOA

YEARLY LOW

10.8657 AOA

YEARLY AVERAGE

12.4406 AOA

2019 ETB to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 16.7942. Conversely, the yearly low was recorded on January 5, dropping to 10.8657.

This high-to-low spread represents a total annual volatility of 5.9285 AOA. From a start-to-finish perspective, comparing the January average rate of 10.9380 to the December average rate of 15.1261, the exchange rate registered a net change of 38.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 16.7942 was up 49.91% compared to the 2018 peak of 11.2032, 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 83,971 AOA

2018 Average 45,499 AOA

Yearly Trough Low 54,329 AOA

Transaction Impact: A difference of 29,642.25 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

16.3215

10.4486

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 11.1801, compared to 13.7011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5210 points.

H1 Avg (Jan–Jun) 11.1801

H2 Avg (Jul–Dec) 13.7011

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 3.9462 AOA (High: 16.7942 / Low: 12.8480). On the other end, February was the most stable month, with a tight range of 0.1137 AOA (High: 11.0660 / Low: 10.9523).

October Spread (Volatile) ±3.9462

February Spread (Stable) ±0.1137

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 0.7060 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.7060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 14.4636) against the same month in 2018 (average: 10.8674), the exchange rate shifted by +3.5962 (+33.09%).

2019 Avg (October) 14.4636

2018 Avg (October) 10.8674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0875	10.8657	10.9380
February	11.0660	10.9523	11.0092
March	11.1684	10.9544	11.0664
April	11.3070	10.9905	11.0824
May	11.5130	11.2096	11.3206
June	11.8715	11.3558	11.6642
July	12.1113	11.7905	11.9514
August	12.5798	12.1128	12.3282
September	12.8217	12.3196	12.5055
October	16.7942	12.8480	14.4636
November	16.7906	15.3347	15.8321
December	16.0550	14.4293	15.1261