2014 TRY to AOA Historical Review

YEARLY HIGH

47.2422 AOA

YEARLY LOW

41.8185 AOA

YEARLY AVERAGE

44.9757 AOA

2014 TRY to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 47.2422. Conversely, the yearly low was recorded on January 26, dropping to 41.8185.

This high-to-low spread represents a total annual volatility of 5.4236 AOA. From a start-to-finish perspective, comparing the January average rate of 44.0356 to the December average rate of 44.4723, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 47.2422 was down 13.88% compared to the 2013 peak of 54.8557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,362,109 AOA

2013 Average 2,538,347 AOA

Yearly Trough Low 2,090,927 AOA

Transaction Impact: A difference of 271,182.45 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

47.0452

43.4410

JanuMarcMayJulySeptNove

TRY 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 45.2032, compared to 44.7482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4551 points.

H1 Avg (Jan–Jun) 45.2032

H2 Avg (Jul–Dec) 44.7482

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 3.6820 AOA (High: 45.5005 / Low: 41.8185). On the other end, May was the most stable month, with a tight range of 0.8898 AOA (High: 47.2422 / Low: 46.3524).

January Spread (Volatile) ±3.6820

May Spread (Stable) ±0.8898

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 1.0614 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 46.7448) against the same month in 2013 (average: 52.6918), the exchange rate shifted by -5.9470 (-11.29%).

2014 Avg (May) 46.7448

2013 Avg (May) 52.6918

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.5005	41.8185	44.0356
February	44.8200	42.8537	44.1876
March	45.6293	43.5876	44.1129
April	46.6043	45.6116	46.0194
May	47.2422	46.3524	46.7448
June	46.9953	45.5129	46.1191
July	46.3272	45.3379	45.8827
August	45.8511	44.7975	45.2857
September	45.2257	43.1419	44.2243
October	45.1428	42.8847	43.7413
November	45.5703	44.0469	44.8826
December	45.6070	43.3508	44.4723