2016 MAD to AOA Historical Review

YEARLY HIGH

17.3464 AOA

YEARLY LOW

13.5701 AOA

YEARLY AVERAGE

16.6210 AOA

2016 MAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 17.3464. Conversely, the yearly low was recorded on January 5, dropping to 13.5701.

This high-to-low spread represents a total annual volatility of 3.7763 AOA. From a start-to-finish perspective, comparing the January average rate of 15.0432 to the December average rate of 16.3874, the exchange rate registered a net change of 8.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 17.3464 was up 22.44% compared to the 2015 peak of 14.1667, 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 86,732 AOA

2015 Average 61,400 AOA

Yearly Trough Low 67,850 AOA

Transaction Impact: A difference of 18,881.63 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.3497

14.8335

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 16.4405, compared to 16.8015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3609 points.

H1 Avg (Jan–Jun) 16.4405

H2 Avg (Jul–Dec) 16.8015

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 2.2131 AOA (High: 15.7831 / Low: 13.5701). On the other end, September was the most stable month, with a tight range of 0.1322 AOA (High: 17.1013 / Low: 16.9691).

January Spread (Volatile) ±2.2131

September Spread (Stable) ±0.1322

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.2404 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 17.1401) against the same month in 2015 (average: 11.2697), the exchange rate shifted by +5.8704 (+52.09%).

2016 Avg (May) 17.1401

2015 Avg (May) 11.2697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7831	13.5701	15.0432
February	16.3651	15.7093	16.0951
March	16.6527	16.0308	16.3189
April	17.2636	16.6592	16.9717
May	17.3464	16.9721	17.1401
June	17.2141	16.8929	17.0744
July	16.9890	16.8131	16.8887
August	17.2124	16.8983	17.0212
September	17.1013	16.9691	17.0329
October	17.0555	16.6972	16.8596
November	16.9232	16.4102	16.6192
December	16.5929	16.2499	16.3874