2014 LTL to AOA Historical Review

YEARLY HIGH

39.4362 AOA

YEARLY LOW

35.6497 AOA

YEARLY AVERAGE

37.8256 AOA

2014 LTL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LTL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 39.4362. Conversely, the yearly low was recorded on October 5, dropping to 35.6497.

This high-to-low spread represents a total annual volatility of 3.7865 AOA. From a start-to-finish perspective, comparing the January average rate of 38.5336 to the December average rate of 36.3836, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 39.4362 was up 1.02% compared to the 2013 peak of 39.0367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,181 AOA

2013 Average 185,612 AOA

Yearly Trough Low 178,248 AOA

Transaction Impact: A difference of 18,932.49 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

39.4119

35.9168

JanuMarcMayJulySeptNove

LTL 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 38.7855, compared to 36.8657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9198 points.

H1 Avg (Jan–Jun) 38.7855

H2 Avg (Jul–Dec) 36.8657

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.1865 AOA (High: 37.1634 / Low: 35.9769). On the other end, June was the most stable month, with a tight range of 0.3863 AOA (High: 38.6699 / Low: 38.2836).

September Spread (Volatile) ±1.1865

June Spread (Stable) ±0.3863

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.1689 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 38.8810) against the same month in 2013 (average: 36.1303), the exchange rate shifted by +2.7507 (+7.61%).

2014 Avg (May) 38.8810

2013 Avg (May) 36.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.9055	38.1996	38.5336
February	38.9576	38.1306	38.6078
March	39.3592	38.8311	39.0958
April	39.3935	38.7829	39.1207
May	39.4362	38.4629	38.8810
June	38.6699	38.2836	38.4744
July	38.6515	37.6309	38.1360
August	38.0342	37.1292	37.7113
September	37.1634	35.9769	36.5424
October	36.5547	35.6497	36.2129
November	36.5571	35.7533	36.2080
December	36.9522	36.0688	36.3836