2014 TOP to ANG Historical Review

YEARLY HIGH

0.9928 ANG

YEARLY LOW

0.8906 ANG

YEARLY AVERAGE

0.9477 ANG

2014 TOP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.9928. Conversely, the yearly low was recorded on November 11, dropping to 0.8906.

This high-to-low spread represents a total annual volatility of 0.1022 ANG. From a start-to-finish perspective, comparing the January average rate of 0.9607 to the December average rate of 0.9104, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9928 was down 4.29% compared to the 2013 peak of 1.0373, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,964 ANG

2013 Average 4,989 ANG

Yearly Trough Low 4,453 ANG

Transaction Impact: A difference of 510.94 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9845

0.8904

JanuMarcMayJulySeptNove

TOP to ANG 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 0.9639, compared to 0.9315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0324 points.

H1 Avg (Jan–Jun) 0.9639

H2 Avg (Jul–Dec) 0.9315

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0513 ANG (High: 0.9659 / Low: 0.9146). On the other end, June was the most stable month, with a tight range of 0.0148 ANG (High: 0.9679 / Low: 0.9530).

September Spread (Volatile) ±0.0513

June Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0271 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.9699) against the same month in 2013 (average: 0.9667), the exchange rate shifted by +0.0033 (+0.34%).

2014 Avg (July) 0.9699

2013 Avg (July) 0.9667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9685	0.9517	0.9607
February	0.9649	0.9498	0.9564
March	0.9806	0.9578	0.9638
April	0.9920	0.9614	0.9766
May	0.9834	0.9560	0.9643
June	0.9679	0.9530	0.9617
July	0.9928	0.9588	0.9699
August	0.9806	0.9474	0.9618
September	0.9659	0.9146	0.9379
October	0.9212	0.9043	0.9108
November	0.9134	0.8906	0.8983
December	0.9176	0.9018	0.9104