2014 PEN to AOA Historical Review

YEARLY HIGH

35.3586 AOA

YEARLY LOW

33.7479 AOA

YEARLY AVERAGE

34.6450 AOA

2014 PEN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 35.3586. Conversely, the yearly low was recorded on October 5, dropping to 33.7479.

This high-to-low spread represents a total annual volatility of 1.6106 AOA. From a start-to-finish perspective, comparing the January average rate of 34.7644 to the December average rate of 34.4459, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 35.3586 was down 6.39% compared to the 2013 peak of 37.7742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,793 AOA

2013 Average 178,713 AOA

Yearly Trough Low 168,740 AOA

Transaction Impact: A difference of 8,053.23 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

35.1431

33.8550

JanuMarcMayJulySeptNove

PEN 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 34.8787, compared to 34.4114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4673 points.

H1 Avg (Jan–Jun) 34.8787

H2 Avg (Jul–Dec) 34.4114

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.8063 AOA (High: 35.0613 / Low: 34.2550). On the other end, March was the most stable month, with a tight range of 0.2202 AOA (High: 34.9023 / Low: 34.6821).

August Spread (Volatile) ±0.8063

March Spread (Stable) ±0.2202

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.5853 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 34.9662) against the same month in 2013 (average: 34.9984), the exchange rate shifted by -0.0322 (-0.09%).

2014 Avg (June) 34.9662

2013 Avg (June) 34.9984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.0514	34.5697	34.7644
February	34.8377	34.5338	34.6855
March	34.9023	34.6821	34.7892
April	35.2561	34.7298	35.0357
May	35.3577	34.8169	35.0309
June	35.3586	34.8132	34.9662
July	35.1446	34.7278	34.8968
August	35.0613	34.2550	34.7401
September	34.2986	33.8987	34.1548
October	34.1652	33.7479	33.9623
November	34.6206	33.9145	34.2683
December	34.6184	34.2680	34.4459