2022 GNF to AOA Historical Review

YEARLY HIGH

0.0610 AOA

YEARLY LOW

0.0454 AOA

YEARLY AVERAGE

0.0523 AOA

2022 GNF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0610. Conversely, the yearly low was recorded on April 24, dropping to 0.0454.

This high-to-low spread represents a total annual volatility of 0.0156 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0591 to the December average rate of 0.0580, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0610 was down 8.39% compared to the 2021 peak of 0.0666, 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 305 AOA

2021 Average 318 AOA

Yearly Trough Low 227 AOA

Transaction Impact: A difference of 78.13 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0604

0.0453

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 0.0519, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0519

H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0065 AOA (High: 0.0560 / Low: 0.0495). On the other end, July was the most stable month, with a tight range of 0.0009 AOA (High: 0.0500 / Low: 0.0491).

October Spread (Volatile) ±0.0065

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0049 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0591) against the same month in 2021 (average: 0.0643), the exchange rate shifted by -0.0051 (-7.99%).

2022 Avg (January) 0.0591

2021 Avg (January) 0.0643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0610	0.0583	0.0591
February	0.0586	0.0553	0.0571
March	0.0554	0.0503	0.0521
April	0.0501	0.0454	0.0476
May	0.0479	0.0456	0.0466
June	0.0499	0.0480	0.0489
July	0.0500	0.0491	0.0496
August	0.0498	0.0488	0.0494
September	0.0504	0.0490	0.0495
October	0.0560	0.0495	0.0519
November	0.0594	0.0560	0.0577
December	0.0587	0.0574	0.0580