2014 GMD to AOA Historical Review

YEARLY HIGH

2.5843 AOA

YEARLY LOW

2.2852 AOA

YEARLY AVERAGE

2.4672 AOA

2014 GMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.5843. Conversely, the yearly low was recorded on November 6, dropping to 2.2852.

This high-to-low spread represents a total annual volatility of 0.2991 AOA. From a start-to-finish perspective, comparing the January average rate of 2.5645 to the December average rate of 2.3668, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5843 was down 14.01% compared to the 2013 peak of 3.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,921 AOA

2013 Average 14,282 AOA

Yearly Trough Low 11,426 AOA

Transaction Impact: A difference of 1,495.34 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5885

2.3001

JanuMarcMayJulySeptNove

GMD 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 2.5207, compared to 2.4138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1069 points.

H1 Avg (Jan–Jun) 2.5207

H2 Avg (Jul–Dec) 2.4138

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.2009 AOA (High: 2.4923 / Low: 2.2913). On the other end, March was the most stable month, with a tight range of 0.0144 AOA (High: 2.5651 / Low: 2.5507).

October Spread (Volatile) ±0.2009

March Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0856 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.5645) against the same month in 2013 (average: 2.8690), the exchange rate shifted by -0.3046 (-10.62%).

2014 Avg (January) 2.5645

2013 Avg (January) 2.8690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5843	2.5555	2.5645
February	2.5653	2.5426	2.5584
March	2.5651	2.5507	2.5603
April	2.5762	2.4634	2.5162
May	2.4726	2.4498	2.4641
June	2.4716	2.4439	2.4607
July	2.4745	2.4391	2.4534
August	2.4702	2.4511	2.4607
September	2.4821	2.4439	2.4678
October	2.4923	2.2913	2.4098
November	2.3392	2.2852	2.3242
December	2.3968	2.3437	2.3668