2014 NGN to AOA Historical Review

YEARLY HIGH

0.6160 AOA

YEARLY LOW

0.5516 AOA

YEARLY AVERAGE

0.5959 AOA

2014 NGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.6160. Conversely, the yearly low was recorded on December 23, dropping to 0.5516.

This high-to-low spread represents a total annual volatility of 0.0644 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6101 to the December average rate of 0.5607, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6160 was down 0.26% compared to the 2013 peak of 0.6176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 615,997 AOA

2013 Average 605,930 AOA

Yearly Trough Low 551,612 AOA

Transaction Impact: A difference of 64,385.11 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6150

0.5558

JanuMarcMayJulySeptNove

NGN 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 0.6008, compared to 0.5910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.6008

H2 Avg (Jul–Dec) 0.5910

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0355 AOA (High: 0.6004 / Low: 0.5648). On the other end, July was the most stable month, with a tight range of 0.0028 AOA (High: 0.6003 / Low: 0.5975).

November Spread (Volatile) ±0.0355

July Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0233 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.6101) against the same month in 2013 (average: 0.6115), the exchange rate shifted by -0.0014 (-0.23%).

2014 Avg (January) 0.6101

2013 Avg (January) 0.6115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6160	0.5999	0.6101
February	0.6004	0.5899	0.5957
March	0.5949	0.5912	0.5926
April	0.6092	0.5953	0.6031
May	0.6152	0.5999	0.6044
June	0.6029	0.5967	0.5990
July	0.6003	0.5975	0.5992
August	0.6085	0.5997	0.6033
September	0.6018	0.5969	0.5999
October	0.6041	0.5951	0.5991
November	0.6004	0.5648	0.5840
December	0.5686	0.5516	0.5607