YEARLY HIGH
2.4703 AOA
YEARLY LOW
1.4955 AOA
YEARLY AVERAGE
2.0608 AOA

2018 PKR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 2.4703. Conversely, the yearly low was recorded on January 6, dropping to 1.4955.

This high-to-low spread represents a total annual volatility of 0.9748 AOA. From a start-to-finish perspective, comparing the January average rate of 1.6173 to the December average rate of 2.2223, the exchange rate registered a net change of 37.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4703 was up 54.34% compared to the 2017 peak of 1.6005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 1,235,144 AOA
2017 Average 787,923 AOA
Yearly Trough Low 747,736 AOA
Transaction Impact: A difference of 487,408.72 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4048
1.5457
JanuMarcMayJulySeptNove

PKR 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 1.8922, compared to 2.2294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3372 points.

H1 Avg (Jan–Jun) 1.8922
H2 Avg (Jul–Dec) 2.2294

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.3806 AOA (High: 1.8761 / Low: 1.4955). On the other end, November was the most stable month, with a tight range of 0.0320 AOA (High: 2.3331 / Low: 2.3011).

January Spread (Volatile) ±0.3806
November Spread (Stable) ±0.0320

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0918 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 2.3333) against the same month in 2017 (average: 1.5756), the exchange rate shifted by +0.7576 (+48.08%).

2018 Avg (October) 2.3333
2017 Avg (October) 1.5756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8761 1.4955 1.6173
February 1.9266 1.8699 1.8986
March 1.9453 1.8393 1.9058
April 1.9515 1.8518 1.8857
May 2.0692 1.9493 2.0077
June 2.0710 1.9924 2.0383
July 2.0976 1.9640 2.0341
August 2.2458 2.0808 2.1578
September 2.3882 2.2448 2.3151
October 2.4703 2.2621 2.3333
November 2.3331 2.3011 2.3141
December 2.3136 2.2064 2.2223