2011 AOA to AFN Historical Review

YEARLY HIGH

0.5122 AFN

YEARLY LOW

0.4545 AFN

YEARLY AVERAGE

0.4730 AFN

2011 AOA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.5122. Conversely, the yearly low was recorded on September 21, dropping to 0.4545.

This high-to-low spread represents a total annual volatility of 0.0577 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4641 to the December average rate of 0.4898, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5122 was down 6.32% compared to the 2010 peak of 0.5468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,561 AFN

2010 Average 2,466 AFN

Yearly Trough Low 2,273 AFN

Transaction Impact: A difference of 288.47 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5149

0.4570

JanuMarcMayJulySeptNove

AOA to AFN 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 0.4627, compared to 0.4833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.4627

H2 Avg (Jul–Dec) 0.4833

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0577 AFN (High: 0.5122 / Low: 0.4545). On the other end, August was the most stable month, with a tight range of 0.0011 AFN (High: 0.4622 / Low: 0.4611).

September Spread (Volatile) ±0.0577

August Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0172 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.4690) against the same month in 2010 (average: 0.4866), the exchange rate shifted by -0.0175 (-3.60%).

2011 Avg (September) 0.4690

2010 Avg (September) 0.4866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4656	0.4628	0.4641
February	0.4628	0.4613	0.4626
March	0.4637	0.4614	0.4627
April	0.4626	0.4614	0.4623
May	0.4626	0.4610	0.4622
June	0.4657	0.4613	0.4624
July	0.4624	0.4612	0.4622
August	0.4622	0.4611	0.4619
September	0.5122	0.4545	0.4690
October	0.5115	0.5091	0.5100
November	0.5090	0.4804	0.5071
December	0.5090	0.4809	0.4898