2014 ZAR to AOA Historical Review

YEARLY HIGH

9.4928 AOA

YEARLY LOW

8.6627 AOA

YEARLY AVERAGE

9.0708 AOA

2014 ZAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 9.4928. Conversely, the yearly low was recorded on October 5, dropping to 8.6627.

This high-to-low spread represents a total annual volatility of 0.8301 AOA. From a start-to-finish perspective, comparing the January average rate of 9.0034 to the December average rate of 8.8777, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.4928 was down 16.20% compared to the 2013 peak of 11.3277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474,641 AOA

2013 Average 501,585 AOA

Yearly Trough Low 433,134 AOA

Transaction Impact: A difference of 41,507.37 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.4466

8.8259

JanuMarcMayJulySeptNove

ZAR 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 9.1368, compared to 9.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1320 points.

H1 Avg (Jan–Jun) 9.1368

H2 Avg (Jul–Dec) 9.0048

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.6245 AOA (High: 9.2926 / Low: 8.6681). On the other end, August was the most stable month, with a tight range of 0.1660 AOA (High: 9.2671 / Low: 9.1011).

January Spread (Volatile) ±0.6245

August Spread (Stable) ±0.1660

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 0.2578 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 9.3949) against the same month in 2013 (average: 10.3199), the exchange rate shifted by -0.9249 (-8.96%).

2014 Avg (May) 9.3949

2013 Avg (May) 10.3199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.2926	8.6681	9.0034
February	9.1057	8.6827	8.9001
March	9.2900	8.9588	9.0868
April	9.4107	9.1738	9.2753
May	9.4928	9.2644	9.3949
June	9.2477	9.0297	9.1599
July	9.2234	9.0284	9.1209
August	9.2671	9.1011	9.1708
September	9.1459	8.7111	8.9130
October	9.1332	8.6627	8.9067
November	9.1928	8.8370	9.0397
December	9.1803	8.7332	8.8777