2012 AOA to BIF Historical Review

YEARLY HIGH

16.0993 BIF

YEARLY LOW

13.4832 BIF

YEARLY AVERAGE

14.7054 BIF

2012 AOA to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AOA to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 16.0993. Conversely, the yearly low was recorded on April 8, dropping to 13.4832.

This high-to-low spread represents a total annual volatility of 2.6161 BIF. From a start-to-finish perspective, comparing the January average rate of 13.6713 to the December average rate of 15.9133, the exchange rate registered a net change of 16.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 16.0993 was up 15.60% compared to the 2011 peak of 13.9267, 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 80,496 BIF

2011 Average 64,651 BIF

Yearly Trough Low 67,416 BIF

Transaction Impact: A difference of 13,080.27 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

16.1385

13.4364

JanuMarcMayJulySeptNove

AOA to BIF 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 14.0376, compared to 15.3732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3356 points.

H1 Avg (Jan–Jun) 14.0376

H2 Avg (Jul–Dec) 15.3732

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 1.0428 BIF (High: 15.2196 / Low: 14.1768). On the other end, February was the most stable month, with a tight range of 0.2145 BIF (High: 13.7717 / Low: 13.5572).

July Spread (Volatile) ±1.0428

February Spread (Stable) ±0.2145

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0267 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 15.9133) against the same month in 2011 (average: 13.5874), the exchange rate shifted by +2.3259 (+17.12%).

2012 Avg (December) 15.9133

2011 Avg (December) 13.5874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9419	13.4951	13.6713
February	13.7717	13.5572	13.6883
March	13.8002	13.5424	13.6616
April	14.5186	13.4832	13.8296
May	14.8281	14.3324	14.6202
June	14.9175	14.6467	14.7543
July	15.2196	14.1768	14.7725
August	15.2232	14.9904	15.1228
September	15.5350	14.9953	15.2505
October	15.6237	15.3761	15.5359
November	15.8933	15.3853	15.6440
December	16.0993	15.5826	15.9133