2019 GNF to AOA Historical Review

YEARLY HIGH

0.0541 AOA

YEARLY LOW

0.0335 AOA

YEARLY AVERAGE

0.0394 AOA

2019 GNF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0541. Conversely, the yearly low was recorded on January 3, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0205 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0339 to the December average rate of 0.0502, the exchange rate registered a net change of 48.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0541 was up 56.97% compared to the 2018 peak of 0.0344, 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 270 AOA

2018 Average 139 AOA

Yearly Trough Low 168 AOA

Transaction Impact: A difference of 102.61 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0524

0.0322

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 0.0349, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.0349

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0129 AOA (High: 0.0538 / Low: 0.0409). On the other end, February was the most stable month, with a tight range of 0.0006 AOA (High: 0.0345 / Low: 0.0339).

October Spread (Volatile) ±0.0129

February Spread (Stable) ±0.0006

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 0.0005 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0507) against the same month in 2018 (average: 0.0340), the exchange rate shifted by +0.0167 (+48.94%).

2019 Avg (November) 0.0507

2018 Avg (November) 0.0340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0342	0.0335	0.0339
February	0.0345	0.0339	0.0342
March	0.0349	0.0340	0.0344
April	0.0352	0.0344	0.0348
May	0.0362	0.0352	0.0356
June	0.0372	0.0358	0.0368
July	0.0380	0.0372	0.0376
August	0.0401	0.0381	0.0391
September	0.0408	0.0393	0.0399
October	0.0538	0.0409	0.0463
November	0.0541	0.0487	0.0507
December	0.0517	0.0482	0.0502