2016 SZL to AOA Historical Review

YEARLY HIGH

12.4227 AOA

YEARLY LOW

8.3447 AOA

YEARLY AVERAGE

11.1277 AOA

2016 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 12.4227. Conversely, the yearly low was recorded on January 10, dropping to 8.3447.

This high-to-low spread represents a total annual volatility of 4.0780 AOA. From a start-to-finish perspective, comparing the January average rate of 9.1504 to the December average rate of 11.9415, the exchange rate registered a net change of 30.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.4227 was up 20.32% compared to the 2015 peak of 10.3244, 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 62,113 AOA

2015 Average 46,848 AOA

Yearly Trough Low 41,723 AOA

Transaction Impact: A difference of 20,389.92 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.3414

8.8603

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 10.4224, compared to 11.8330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4106 points.

H1 Avg (Jan–Jun) 10.4224

H2 Avg (Jul–Dec) 11.8330

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.4182 AOA (High: 9.7629 / Low: 8.3447). On the other end, December was the most stable month, with a tight range of 0.5486 AOA (High: 12.2565 / Low: 11.7079).

January Spread (Volatile) ±1.4182

December Spread (Stable) ±0.5486

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.3784 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 11.8492) against the same month in 2015 (average: 9.5572), the exchange rate shifted by +2.2920 (+23.98%).

2016 Avg (November) 11.8492

2015 Avg (November) 9.5572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7629	8.3447	9.1504
February	10.4158	9.6247	9.9606
March	10.8449	10.0458	10.3640
April	11.6624	10.6350	11.2204
May	11.6809	10.4991	10.8420
June	11.4886	10.5987	10.9971
July	11.8631	11.2137	11.5030
August	12.4122	11.4656	12.0513
September	12.2290	11.3359	11.7667
October	12.2047	11.5874	11.8864
November	12.4227	11.4272	11.8492
December	12.2565	11.7079	11.9415