2014 SZL to AOA Historical Review

YEARLY HIGH

9.4834 AOA

YEARLY LOW

8.6724 AOA

YEARLY AVERAGE

9.0683 AOA

2014 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 9.4834. Conversely, the yearly low was recorded on October 5, dropping to 8.6724.

This high-to-low spread represents a total annual volatility of 0.8110 AOA. From a start-to-finish perspective, comparing the January average rate of 9.0011 to the December average rate of 8.8733, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.4834 was down 16.19% compared to the 2013 peak of 11.3153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,417 AOA

2013 Average 50,154 AOA

Yearly Trough Low 43,362 AOA

Transaction Impact: A difference of 4,054.86 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.4414

8.8217

JanuMarcMayJulySeptNove

SZL 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 9.1330, compared to 9.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1294 points.

H1 Avg (Jan–Jun) 9.1330

H2 Avg (Jul–Dec) 9.0035

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5886 AOA (High: 9.2757 / Low: 8.6871). On the other end, August was the most stable month, with a tight range of 0.1625 AOA (High: 9.2676 / Low: 9.1051).

January Spread (Volatile) ±0.5886

August Spread (Stable) ±0.1625

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.2487 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2487

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 9.3898) against the same month in 2013 (average: 10.3205), the exchange rate shifted by -0.9307 (-9.02%).

2014 Avg (May) 9.3898

2013 Avg (May) 10.3205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.2757	8.6871	9.0011
February	9.0942	8.6755	8.8887
March	9.2780	8.9663	9.0902
April	9.3933	9.1751	9.2705
May	9.4834	9.2919	9.3898
June	9.2944	9.0519	9.1576
July	9.2167	9.0413	9.1178
August	9.2676	9.1051	9.1656
September	9.1482	8.7177	8.9170
October	9.0989	8.6724	8.9043
November	9.1904	8.8466	9.0433
December	9.1677	8.7337	8.8733