2012 AOA to CVE Historical Review

YEARLY HIGH

0.9631 CVE

YEARLY LOW

0.8671 CVE

YEARLY AVERAGE

0.9010 CVE

2012 AOA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AOA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.9631. Conversely, the yearly low was recorded on February 29, dropping to 0.8671.

This high-to-low spread represents a total annual volatility of 0.0960 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9008 to the December average rate of 0.8795, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9631 was up 4.37% compared to the 2011 peak of 0.9228, 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 4,815 CVE

2011 Average 4,238 CVE

Yearly Trough Low 4,335 CVE

Transaction Impact: A difference of 480.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9426

0.8736

JanuMarcMayJulySeptNove

AOA to CVE 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 0.8953, compared to 0.9067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.8953

H2 Avg (Jul–Dec) 0.9067

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0606 CVE (High: 0.9356 / Low: 0.8750). On the other end, October was the most stable month, with a tight range of 0.0162 CVE (High: 0.9012 / Low: 0.8850).

May Spread (Volatile) ±0.0606

October Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0381 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.9322) against the same month in 2011 (average: 0.8297), the exchange rate shifted by +0.1026 (+12.36%).

2012 Avg (July) 0.9322

2011 Avg (July) 0.8297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9168	0.8799	0.9008
February	0.8870	0.8671	0.8793
March	0.8904	0.8702	0.8798
April	0.8894	0.8702	0.8816
May	0.9356	0.8750	0.9048
June	0.9360	0.9151	0.9253
July	0.9631	0.9116	0.9322
August	0.9530	0.9248	0.9369
September	0.9252	0.8811	0.8988
October	0.9012	0.8850	0.8919
November	0.9122	0.8890	0.9011
December	0.8924	0.8690	0.8795