2011 AOA to BTN Historical Review

YEARLY HIGH

0.5659 BTN

YEARLY LOW

0.4733 BTN

YEARLY AVERAGE

0.4984 BTN

2011 AOA to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.5659. Conversely, the yearly low was recorded on April 10, dropping to 0.4733.

This high-to-low spread represents a total annual volatility of 0.0925 BTN. From a start-to-finish perspective, comparing the January average rate of 0.4898 to the December average rate of 0.5533, the exchange rate registered a net change of 12.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5659 was up 8.74% compared to the 2010 peak of 0.5204, 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 2,829 BTN

2010 Average 2,491 BTN

Yearly Trough Low 2,367 BTN

Transaction Impact: A difference of 462.74 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5610

0.4692

JanuMarcMayJulySeptNove

AOA to BTN 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 0.4838, compared to 0.5130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.4838

H2 Avg (Jul–Dec) 0.5130

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0359 BTN (High: 0.5258 / Low: 0.4899). On the other end, June was the most stable month, with a tight range of 0.0036 BTN (High: 0.4836 / Low: 0.4800).

September Spread (Volatile) ±0.0359

June Spread (Stable) ±0.0036

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 0.0064 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.5533) against the same month in 2010 (average: 0.4893), the exchange rate shifted by +0.0640 (+13.08%).

2011 Avg (December) 0.5533

2010 Avg (December) 0.4893

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4942	0.4829	0.4898
February	0.4920	0.4823	0.4886
March	0.4871	0.4781	0.4834
April	0.4796	0.4733	0.4771
May	0.4874	0.4755	0.4823
June	0.4836	0.4800	0.4818
July	0.4802	0.4734	0.4769
August	0.4954	0.4737	0.4874
September	0.5258	0.4899	0.5062
October	0.5261	0.5136	0.5197
November	0.5510	0.5159	0.5345
December	0.5659	0.5389	0.5533