2015 NPR to AOA Historical Review

YEARLY HIGH

1.3139 AOA

YEARLY LOW

1.0123 AOA

YEARLY AVERAGE

1.1646 AOA

2015 NPR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NPR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 1.3139. Conversely, the yearly low was recorded on January 5, dropping to 1.0123.

This high-to-low spread represents a total annual volatility of 0.3016 AOA. From a start-to-finish perspective, comparing the January average rate of 1.0370 to the December average rate of 1.2742, the exchange rate registered a net change of 22.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3139 was up 25.90% compared to the 2014 peak of 1.0436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 6,570 AOA

2014 Average 5,030 AOA

Yearly Trough Low 5,062 AOA

Transaction Impact: A difference of 1,508.11 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.3258

1.0108

JanuMarcMayJulySeptNove

NPR 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 1.0768, compared to 1.2523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1756 points.

H1 Avg (Jan–Jun) 1.0768

H2 Avg (Jul–Dec) 1.2523

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.1196 AOA (High: 1.1930 / Low: 1.0733). On the other end, May was the most stable month, with a tight range of 0.0194 AOA (High: 1.0848 / Low: 1.0654).

June Spread (Volatile) ±0.1196

May Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0218 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 1.2996) against the same month in 2014 (average: 1.0027), the exchange rate shifted by +0.2969 (+29.60%).

2015 Avg (October) 1.2996

2014 Avg (October) 1.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0599	1.0123	1.0370
February	1.0746	1.0463	1.0602
March	1.0824	1.0564	1.0696
April	1.0997	1.0784	1.0880
May	1.0848	1.0654	1.0758
June	1.1930	1.0733	1.1301
July	1.2365	1.1905	1.2223
August	1.2342	1.1830	1.2099
September	1.2886	1.1784	1.2303
October	1.3139	1.2839	1.2996
November	1.2930	1.2662	1.2778
December	1.2893	1.2619	1.2742