2015 NGN to AOA Historical Review

YEARLY HIGH

0.6846 AOA

YEARLY LOW

0.5138 AOA

YEARLY AVERAGE

0.6046 AOA

2015 NGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.6846. Conversely, the yearly low was recorded on February 12, dropping to 0.5138.

This high-to-low spread represents a total annual volatility of 0.1708 AOA. From a start-to-finish perspective, comparing the January average rate of 0.5563 to the December average rate of 0.6802, the exchange rate registered a net change of 22.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6846 was up 11.14% compared to the 2014 peak of 0.6160, 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 684,601 AOA

2014 Average 595,923 AOA

Yearly Trough Low 513,809 AOA

Transaction Impact: A difference of 170,791.44 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6959

0.5159

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 0.5502, compared to 0.6589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1087 points.

H1 Avg (Jan–Jun) 0.5502

H2 Avg (Jul–Dec) 0.6589

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0570 AOA (High: 0.6106 / Low: 0.5536). On the other end, August was the most stable month, with a tight range of 0.0027 AOA (High: 0.6337 / Low: 0.6310).

June Spread (Volatile) ±0.0570

August Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0253 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 0.6809) against the same month in 2014 (average: 0.5991), the exchange rate shifted by +0.0817 (+13.64%).

2015 Avg (October) 0.6809

2014 Avg (October) 0.5991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5745	0.5417	0.5563
February	0.5515	0.5138	0.5309
March	0.5429	0.5248	0.5362
April	0.5493	0.5424	0.5469
May	0.5546	0.5486	0.5509
June	0.6106	0.5536	0.5802
July	0.6329	0.6094	0.6255
August	0.6337	0.6310	0.6325
September	0.6804	0.6310	0.6549
October	0.6846	0.6784	0.6809
November	0.6808	0.6776	0.6796
December	0.6833	0.6755	0.6802