2018 SHP to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SHP to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SHP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 406.2939. Conversely, the yearly low was recorded on January 1, dropping to 224.1640.
This high-to-low spread represents a total annual volatility of 182.1299 AOA. From a start-to-finish perspective, comparing the January average rate of 247.6060 to the December average rate of 391.3905, the exchange rate registered a net change of 58.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 406.2939 was up 80.19% compared to the 2017 peak of 225.4843, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SHP to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 296.8814, compared to 372.3448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 75.4635 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 70.3967 AOA (High: 294.5607 / Low: 224.1640). On the other end, February was the most stable month, with a tight range of 8.8321 AOA (High: 297.6133 / Low: 288.7812).
Growth Streaks & Declines
TrendsBetween 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 8.4980 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 399.8885) against the same month in 2017 (average: 219.3874), the exchange rate shifted by +180.5011 (+82.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 294.5607 | 224.1640 | 247.6060 |
| February | 297.6133 | 288.7812 | 293.5121 |
| March | 304.7329 | 294.3800 | 299.1353 |
| April | 311.8789 | 300.2361 | 306.5683 |
| May | 318.1489 | 306.5134 | 312.7234 |
| June | 329.1846 | 316.5865 | 321.7431 |
| July | 337.1232 | 326.3105 | 333.6813 |
| August | 359.4266 | 331.3858 | 342.2747 |
| September | 383.9568 | 356.0953 | 372.4602 |
| October | 401.9397 | 386.4256 | 394.3739 |
| November | 406.2939 | 395.5747 | 399.8885 |
| December | 395.9109 | 386.5039 | 391.3905 |