2018 MAD to AOA Historical Review

YEARLY HIGH

32.8132 AOA

YEARLY LOW

17.7254 AOA

YEARLY AVERAGE

26.7886 AOA

2018 MAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 32.8132. Conversely, the yearly low was recorded on January 8, dropping to 17.7254.

This high-to-low spread represents a total annual volatility of 15.0878 AOA. From a start-to-finish perspective, comparing the January average rate of 19.3534 to the December average rate of 32.3888, the exchange rate registered a net change of 67.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.8132 was up 84.01% compared to the 2017 peak of 17.8324, 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 164,066 AOA

2017 Average 85,554 AOA

Yearly Trough Low 88,627 AOA

Transaction Impact: A difference of 75,439.18 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

33.9146

18.0296

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 23.2240, compared to 30.3532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1292 points.

H1 Avg (Jan–Jun) 23.2240

H2 Avg (Jul–Dec) 30.3532

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.9307 AOA (High: 22.6560 / Low: 17.7254). On the other end, March was the most stable month, with a tight range of 0.3675 AOA (High: 23.5070 / Low: 23.1396).

January Spread (Volatile) ±4.9307

March Spread (Stable) ±0.3675

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 0.2021 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.2021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 32.5908) against the same month in 2017 (average: 17.5526), the exchange rate shifted by +15.0383 (+85.68%).

2018 Avg (November) 32.5908

2017 Avg (November) 17.5526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6560	17.7254	19.3534
February	23.1425	22.5602	22.8614
March	23.5070	23.1396	23.3144
April	24.3166	23.2162	23.6691
May	25.2399	24.1301	24.6560
June	26.2870	25.0053	25.4896
July	27.1988	26.1389	26.7787
August	29.3488	27.1648	28.0507
September	31.2604	29.2741	30.3633
October	32.2875	31.4023	31.9467
November	32.8132	32.3275	32.5908
December	32.6471	32.1023	32.3888