2012 AFN to AOA Historical Review

YEARLY HIGH

2.0795 AOA

YEARLY LOW

1.7951 AOA

YEARLY AVERAGE

1.9476 AOA

2012 AFN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.0795. Conversely, the yearly low was recorded on November 15, dropping to 1.7951.

This high-to-low spread represents a total annual volatility of 0.2844 AOA. From a start-to-finish perspective, comparing the January average rate of 2.0592 to the December average rate of 1.8609, the exchange rate registered a net change of -9.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.0795 was down 5.48% compared to the 2011 peak of 2.2000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,397 AOA

2011 Average 10,585 AOA

Yearly Trough Low 8,975 AOA

Transaction Impact: A difference of 1,421.94 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.0821

1.8072

JanuMarcMayJulySeptNove

AFN 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 1.9851, compared to 1.9102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0749 points.

H1 Avg (Jan–Jun) 1.9851

H2 Avg (Jul–Dec) 1.9102

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 0.1341 AOA (High: 2.0610 / Low: 1.9269). On the other end, June was the most stable month, with a tight range of 0.0060 AOA (High: 1.9761 / Low: 1.9701).

February Spread (Volatile) ±0.1341

June Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0853 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 2.0592) against the same month in 2011 (average: 2.1548), the exchange rate shifted by -0.0956 (-4.44%).

2012 Avg (January) 2.0592

2011 Avg (January) 2.1548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0795	2.0504	2.0592
February	2.0610	1.9269	1.9739
March	1.9738	1.9277	1.9647
April	1.9736	1.9654	1.9698
May	1.9743	1.9658	1.9702
June	1.9761	1.9701	1.9726
July	2.0575	1.9664	2.0011
August	1.9806	1.9637	1.9734
September	1.9818	1.8781	1.9389
October	1.8791	1.8440	1.8567
November	1.8515	1.7951	1.8301
December	1.8818	1.8396	1.8609