2017 NGN to AOA Historical Review

YEARLY HIGH

0.5466 AOA

YEARLY LOW

0.4496 AOA

YEARLY AVERAGE

0.4995 AOA

2017 NGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.5466. Conversely, the yearly low was recorded on August 5, dropping to 0.4496.

This high-to-low spread represents a total annual volatility of 0.0970 AOA. From a start-to-finish perspective, comparing the January average rate of 0.5300 to the December average rate of 0.4612, the exchange rate registered a net change of -12.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5466 was down 34.55% compared to the 2016 peak of 0.8352, 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 546,596 AOA

2016 Average 661,655 AOA

Yearly Trough Low 449,617 AOA

Transaction Impact: A difference of 96,978.63 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5368

0.4543

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 0.5261, compared to 0.4729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0532 points.

H1 Avg (Jan–Jun) 0.5261

H2 Avg (Jul–Dec) 0.4729

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0770 AOA (High: 0.5266 / Low: 0.4496). On the other end, December was the most stable month, with a tight range of 0.0034 AOA (High: 0.4629 / Low: 0.4595).

August Spread (Volatile) ±0.0770

December Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0588 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5300) against the same month in 2016 (average: 0.7485), the exchange rate shifted by -0.2186 (-29.20%).

2017 Avg (January) 0.5300

2016 Avg (January) 0.7485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5466	0.5225	0.5300
February	0.5425	0.5225	0.5263
March	0.5415	0.5209	0.5287
April	0.5391	0.5226	0.5267
May	0.5292	0.5100	0.5234
June	0.5301	0.4734	0.5215
July	0.5425	0.4734	0.5244
August	0.5266	0.4496	0.4656
September	0.4680	0.4590	0.4626
October	0.4661	0.4600	0.4619
November	0.4661	0.4580	0.4615
December	0.4629	0.4595	0.4612