2018 JMD to AOA Historical Review

YEARLY HIGH

2.4837 AOA

YEARLY LOW

1.3346 AOA

YEARLY AVERAGE

1.9508 AOA

2018 JMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2.4837. Conversely, the yearly low was recorded on January 2, dropping to 1.3346.

This high-to-low spread represents a total annual volatility of 1.1491 AOA. From a start-to-finish perspective, comparing the January average rate of 1.4409 to the December average rate of 2.4165, the exchange rate registered a net change of 67.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4837 was up 86.20% compared to the 2017 peak of 1.3338, 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 12,418 AOA

2017 Average 6,466 AOA

Yearly Trough Low 6,673 AOA

Transaction Impact: A difference of 5,745.53 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5509

1.3400

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 1.7098, compared to 2.1919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4821 points.

H1 Avg (Jan–Jun) 1.7098

H2 Avg (Jul–Dec) 2.1919

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.3343 AOA (High: 1.6688 / Low: 1.3346). On the other end, February was the most stable month, with a tight range of 0.0321 AOA (High: 1.6843 / Low: 1.6521).

January Spread (Volatile) ±0.3343

February Spread (Stable) ±0.0321

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 0.0335 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.4500) against the same month in 2017 (average: 1.3142), the exchange rate shifted by +1.1357 (+86.42%).

2018 Avg (November) 2.4500

2017 Avg (November) 1.3142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6688	1.3346	1.4409
February	1.6843	1.6521	1.6714
March	1.7020	1.6607	1.6833
April	1.8125	1.6996	1.7475
May	1.8863	1.8011	1.8495
June	1.9090	1.8228	1.8661
July	1.9614	1.9091	1.9339
August	2.0224	1.9171	1.9615
September	2.1882	2.0120	2.0964
October	2.4012	2.2088	2.2931
November	2.4837	2.4125	2.4500
December	2.4496	2.3945	2.4165