2016 GNF to AOA Historical Review

YEARLY HIGH

0.0228 AOA

YEARLY LOW

0.0175 AOA

YEARLY AVERAGE

0.0196 AOA

2016 GNF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0228. Conversely, the yearly low was recorded on December 22, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0053 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0193 to the December average rate of 0.0179, the exchange rate registered a net change of -7.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0228 was up 18.69% compared to the 2015 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 AOA

2015 Average 81 AOA

Yearly Trough Low 87 AOA

Transaction Impact: A difference of 26.66 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0229

0.0174

JanuMarcMayJulySeptNove

GNF 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 0.0210, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0210

H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0044 AOA (High: 0.0228 / Low: 0.0184). On the other end, October was the most stable month, with a tight range of 0.0003 AOA (High: 0.0184 / Low: 0.0181).

June Spread (Volatile) ±0.0044

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0215) against the same month in 2015 (average: 0.0157), the exchange rate shifted by +0.0058 (+37.03%).

2016 Avg (June) 0.0215

2015 Avg (June) 0.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0202	0.0175	0.0193
February	0.0208	0.0200	0.0204
March	0.0212	0.0208	0.0209
April	0.0220	0.0211	0.0216
May	0.0227	0.0219	0.0224
June	0.0228	0.0184	0.0215
July	0.0188	0.0183	0.0185
August	0.0186	0.0181	0.0183
September	0.0184	0.0181	0.0182
October	0.0184	0.0181	0.0182
November	0.0183	0.0180	0.0182
December	0.0181	0.0175	0.0179