2018 PEN to AOA Historical Review

YEARLY HIGH

92.4690 AOA

YEARLY LOW

51.2479 AOA

YEARLY AVERAGE

76.4821 AOA

2018 PEN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 92.4690. Conversely, the yearly low was recorded on January 2, dropping to 51.2479.

This high-to-low spread represents a total annual volatility of 41.2211 AOA. From a start-to-finish perspective, comparing the January average rate of 55.6543 to the December average rate of 91.8231, the exchange rate registered a net change of 64.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 92.4690 was up 79.17% compared to the 2017 peak of 51.6098, 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 462,345 AOA

2017 Average 254,452 AOA

Yearly Trough Low 256,240 AOA

Transaction Impact: A difference of 206,105.38 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

95.5111

52.0310

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 66.4496, compared to 86.5145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0650 points.

H1 Avg (Jan–Jun) 66.4496

H2 Avg (Jul–Dec) 86.5145

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 13.2856 AOA (High: 64.5335 / Low: 51.2479). On the other end, December was the most stable month, with a tight range of 0.9623 AOA (High: 92.3068 / Low: 91.3445).

January Spread (Volatile) ±13.2856

December Spread (Stable) ±0.9623

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0646 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 91.8877) against the same month in 2017 (average: 51.1211), the exchange rate shifted by +40.7666 (+79.75%).

2018 Avg (November) 91.8877

2017 Avg (November) 51.1211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.5335	51.2479	55.6543
February	65.5665	63.6853	64.6730
March	66.5107	65.3237	65.8841
April	69.4550	66.3136	67.5068
May	73.1237	69.0316	70.9708
June	76.0901	72.5659	74.0084
July	78.5327	75.4440	77.3160
August	83.5715	78.5159	80.8355
September	89.2450	83.5715	86.3006
October	92.2908	89.6094	90.9242
November	92.4690	91.4207	91.8877
December	92.3068	91.3445	91.8231