2016 NGN to AOA Historical Review

YEARLY HIGH

0.8352 AOA

YEARLY LOW

0.4758 AOA

YEARLY AVERAGE

0.6623 AOA

2016 NGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.8352. Conversely, the yearly low was recorded on August 22, dropping to 0.4758.

This high-to-low spread represents a total annual volatility of 0.3594 AOA. From a start-to-finish perspective, comparing the January average rate of 0.7485 to the December average rate of 0.5264, the exchange rate registered a net change of -29.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8352 was up 22.00% compared to the 2015 peak of 0.6846, 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 835,189 AOA

2015 Average 605,069 AOA

Yearly Trough Low 475,768 AOA

Transaction Impact: A difference of 359,421.09 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8647

0.4821

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 0.7924, compared to 0.5322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2602 points.

H1 Avg (Jan–Jun) 0.7924

H2 Avg (Jul–Dec) 0.5322

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2496 AOA (High: 0.8352 / Low: 0.5856). On the other end, May was the most stable month, with a tight range of 0.0015 AOA (High: 0.8336 / Low: 0.8321).

June Spread (Volatile) ±0.2496

May Spread (Stable) ±0.0015

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 June and July, when the average rate fell by 0.1917 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.7588) against the same month in 2015 (average: 0.5802), the exchange rate shifted by +0.1786 (+30.79%).

2016 Avg (June) 0.7588

2015 Avg (June) 0.5802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7823	0.6787	0.7485
February	0.7992	0.7813	0.7908
March	0.8071	0.7971	0.8003
April	0.8335	0.8064	0.8234
May	0.8336	0.8321	0.8328
June	0.8352	0.5856	0.7588
July	0.5877	0.5174	0.5671
August	0.5309	0.4758	0.5140
September	0.5326	0.5256	0.5290
October	0.5362	0.5244	0.5291
November	0.5324	0.5243	0.5278
December	0.5425	0.5233	0.5264