2018 SZL to AOA Historical Review

YEARLY HIGH

22.7275 AOA

YEARLY LOW

13.2940 AOA

YEARLY AVERAGE

18.9299 AOA

2018 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 22.7275. Conversely, the yearly low was recorded on January 8, dropping to 13.2940.

This high-to-low spread represents a total annual volatility of 9.4335 AOA. From a start-to-finish perspective, comparing the January average rate of 14.6894 to the December average rate of 21.7073, the exchange rate registered a net change of 47.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.7275 was up 68.39% compared to the 2017 peak of 13.4970, 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 113,637 AOA

2017 Average 62,382 AOA

Yearly Trough Low 66,470 AOA

Transaction Impact: A difference of 47,167.51 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

22.7316

13.9583

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 17.5543, compared to 20.3054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7512 points.

H1 Avg (Jan–Jun) 17.5543

H2 Avg (Jul–Dec) 20.3054

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.1906 AOA (High: 17.4846 / Low: 13.2940). On the other end, April was the most stable month, with a tight range of 0.5062 AOA (High: 18.2512 / Low: 17.7450).

January Spread (Volatile) ±4.1906

April Spread (Stable) ±0.5062

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2933 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 21.7073) against the same month in 2017 (average: 12.6420), the exchange rate shifted by +9.0652 (+71.71%).

2018 Avg (December) 21.7073

2017 Avg (December) 12.6420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4846	13.2940	14.6894
February	18.4193	17.1511	17.7452
March	18.3520	17.8180	18.0739
April	18.2512	17.7450	18.0336
May	19.0471	17.8350	18.5213
June	18.9527	17.7481	18.2622
July	19.6089	17.9336	18.8914
August	19.5328	18.4561	18.9816
September	20.7097	18.0933	19.3862
October	21.4113	20.2849	20.8657
November	22.6553	21.2716	22.0005
December	22.7275	21.1770	21.7073