2018 GNF to AOA Historical Review

YEARLY HIGH

0.0344 AOA

YEARLY LOW

0.0184 AOA

YEARLY AVERAGE

0.0278 AOA

2018 GNF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.0344. Conversely, the yearly low was recorded on January 8, dropping to 0.0184.

This high-to-low spread represents a total annual volatility of 0.0161 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0199 to the December average rate of 0.0337, the exchange rate registered a net change of 69.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0344 was up 83.74% compared to the 2017 peak of 0.0187, 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 172 AOA

2017 Average 91 AOA

Yearly Trough Low 92 AOA

Transaction Impact: A difference of 80.45 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0354

0.0185

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 0.0239, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.0239

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0047 AOA (High: 0.0230 / Low: 0.0184). On the other end, March was the most stable month, with a tight range of 0.0003 AOA (High: 0.0239 / Low: 0.0236).

January Spread (Volatile) ±0.0047

March Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0340) against the same month in 2017 (average: 0.0184), the exchange rate shifted by +0.0156 (+84.92%).

2018 Avg (November) 0.0340

2017 Avg (November) 0.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0184	0.0199
February	0.0237	0.0230	0.0233
March	0.0239	0.0236	0.0238
April	0.0251	0.0237	0.0242
May	0.0265	0.0251	0.0258
June	0.0276	0.0263	0.0268
July	0.0284	0.0274	0.0280
August	0.0305	0.0284	0.0294
September	0.0324	0.0305	0.0315
October	0.0340	0.0327	0.0334
November	0.0344	0.0338	0.0340
December	0.0341	0.0335	0.0337