2014 JMD to AOA Historical Review

YEARLY HIGH

0.9248 AOA

YEARLY LOW

0.8602 AOA

YEARLY AVERAGE

0.8870 AOA

2014 JMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.9248. Conversely, the yearly low was recorded on July 29, dropping to 0.8602.

This high-to-low spread represents a total annual volatility of 0.0645 AOA. From a start-to-finish perspective, comparing the January average rate of 0.9180 to the December average rate of 0.8956, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9248 was down 11.39% compared to the 2013 peak of 1.0436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,624 AOA

2013 Average 4,841 AOA

Yearly Trough Low 4,301 AOA

Transaction Impact: A difference of 322.66 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9233

0.8603

JanuMarcMayJulySeptNove

JMD 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 0.8965, compared to 0.8775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.8965

H2 Avg (Jul–Dec) 0.8775

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0147 AOA (High: 0.8950 / Low: 0.8802). On the other end, August was the most stable month, with a tight range of 0.0068 AOA (High: 0.8717 / Low: 0.8650).

November Spread (Volatile) ±0.0147

August Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0122 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.9180) against the same month in 2013 (average: 1.0355), the exchange rate shifted by -0.1174 (-11.34%).

2014 Avg (January) 0.9180

2013 Avg (January) 1.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9248	0.9102	0.9180
February	0.9117	0.9038	0.9079
March	0.9044	0.8923	0.8980
April	0.8987	0.8892	0.8928
May	0.8913	0.8797	0.8846
June	0.8821	0.8734	0.8778
July	0.8726	0.8602	0.8655
August	0.8717	0.8650	0.8687
September	0.8741	0.8622	0.8693
October	0.8830	0.8703	0.8776
November	0.8950	0.8802	0.8883
December	0.8992	0.8907	0.8956