2011 AOA to BRL Historical Review

YEARLY HIGH

0.0200 BRL

YEARLY LOW

0.0165 BRL

YEARLY AVERAGE

0.0179 BRL

2011 AOA to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0200. Conversely, the yearly low was recorded on July 26, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0035 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0181 to the December average rate of 0.0194, the exchange rate registered a net change of 7.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0200 was down 4.58% compared to the 2010 peak of 0.0210, 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 100 BRL

2010 Average 96 BRL

Yearly Trough Low 82 BRL

Transaction Impact: A difference of 17.52 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0196

0.0165

JanuMarcMayJulySeptNove

AOA to BRL 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 0.0175, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0175

H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0028 BRL (High: 0.0200 / Low: 0.0172). On the other end, February was the most stable month, with a tight range of 0.0002 BRL (High: 0.0180 / Low: 0.0178).

September Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0187) against the same month in 2010 (average: 0.0183), the exchange rate shifted by +0.0004 (+2.16%).

2011 Avg (October) 0.0187

2010 Avg (October) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0183	0.0178	0.0181
February	0.0180	0.0178	0.0179
March	0.0180	0.0174	0.0178
April	0.0175	0.0168	0.0170
May	0.0176	0.0169	0.0173
June	0.0173	0.0168	0.0171
July	0.0170	0.0165	0.0168
August	0.0175	0.0167	0.0172
September	0.0200	0.0172	0.0185
October	0.0200	0.0178	0.0187
November	0.0199	0.0182	0.0188
December	0.0198	0.0188	0.0194