2013 MAD to AOA Historical Review

YEARLY HIGH

11.9845 AOA

YEARLY LOW

11.0866 AOA

YEARLY AVERAGE

11.4797 AOA

2013 MAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 11.9845. Conversely, the yearly low was recorded on March 28, dropping to 11.0866.

This high-to-low spread represents a total annual volatility of 0.8978 AOA. From a start-to-finish perspective, comparing the January average rate of 11.4175 to the December average rate of 11.8973, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 11.9845 was up 5.02% compared to the 2012 peak of 11.4113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,922 AOA

2012 Average 55,261 AOA

Yearly Trough Low 55,433 AOA

Transaction Impact: A difference of 4,489.24 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

11.9651

11.1508

JanuMarcMayJulySeptNove

MAD 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 11.3268, compared to 11.6325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3056 points.

H1 Avg (Jan–Jun) 11.3268

H2 Avg (Jul–Dec) 11.6325

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.4524 AOA (High: 11.7868 / Low: 11.3344). On the other end, August was the most stable month, with a tight range of 0.1563 AOA (High: 11.5325 / Low: 11.3762).

September Spread (Volatile) ±0.4524

August Spread (Stable) ±0.1563

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.2575 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 11.8973) against the same month in 2012 (average: 11.2788), the exchange rate shifted by +0.6184 (+5.48%).

2013 Avg (December) 11.8973

2012 Avg (December) 11.2788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6138	11.2536	11.4175
February	11.6822	11.2814	11.4762
March	11.3197	11.0866	11.2187
April	11.3345	11.1006	11.2452
May	11.3493	11.1239	11.2236
June	11.5203	11.2346	11.3799
July	11.4308	11.1414	11.3190
August	11.5325	11.3762	11.4740
September	11.7868	11.3344	11.5581
October	11.9394	11.7259	11.8313
November	11.7927	11.5921	11.7153
December	11.9845	11.7911	11.8973