2018 ZAR to AOA Historical Review

YEARLY HIGH

22.7105 AOA

YEARLY LOW

13.3297 AOA

YEARLY AVERAGE

18.9212 AOA

2018 ZAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 22.7105. Conversely, the yearly low was recorded on January 2, dropping to 13.3297.

This high-to-low spread represents a total annual volatility of 9.3808 AOA. From a start-to-finish perspective, comparing the January average rate of 14.6995 to the December average rate of 21.6264, the exchange rate registered a net change of 47.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.7105 was up 67.91% compared to the 2017 peak of 13.5256, 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 1,135,524 AOA

2017 Average 624,039 AOA

Yearly Trough Low 666,483 AOA

Transaction Impact: A difference of 469,041.04 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

22.7383

13.9687

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 17.5537, compared to 20.2886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7349 points.

H1 Avg (Jan–Jun) 17.5537

H2 Avg (Jul–Dec) 20.2886

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.1686 AOA (High: 17.4982 / Low: 13.3297). On the other end, April was the most stable month, with a tight range of 0.5360 AOA (High: 18.2450 / Low: 17.7090).

January Spread (Volatile) ±4.1686

April Spread (Stable) ±0.5360

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 0.3811 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 22.0075) against the same month in 2017 (average: 11.7758), the exchange rate shifted by +10.2317 (+86.89%).

2018 Avg (November) 22.0075

2017 Avg (November) 11.7758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4982	13.3297	14.6995
February	18.4537	17.0830	17.7822
March	18.3747	17.8312	18.0793
April	18.2450	17.7090	18.0170
May	18.9384	17.7792	18.5345
June	18.9657	17.7085	18.2096
July	19.4032	17.9407	18.9237
August	19.9181	18.2282	18.9373
September	20.8600	18.1843	19.4016
October	21.3740	20.2758	20.8353
November	22.7105	21.4305	22.0075
December	22.6456	21.0668	21.6264