2011 AOA to DJF Historical Review

YEARLY HIGH

1.9233 DJF

YEARLY LOW

1.8653 DJF

YEARLY AVERAGE

1.9004 DJF

2011 AOA to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.9233. Conversely, the yearly low was recorded on November 24, dropping to 1.8653.

This high-to-low spread represents a total annual volatility of 0.0580 DJF. From a start-to-finish perspective, comparing the January average rate of 1.9170 to the December average rate of 1.8787, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9233 was down 3.60% compared to the 2010 peak of 1.9950, 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 9,616 DJF

2010 Average 9,686 DJF

Yearly Trough Low 9,326 DJF

Transaction Impact: A difference of 289.88 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9215

1.8677

JanuMarcMayJulySeptNove

AOA to DJF 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 1.9112, compared to 1.8895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 1.9112

H2 Avg (Jul–Dec) 1.8895

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0270 DJF (High: 1.9066 / Low: 1.8796). On the other end, August was the most stable month, with a tight range of 0.0043 DJF (High: 1.9110 / Low: 1.9067).

September Spread (Volatile) ±0.0270

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0164 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.9170) against the same month in 2010 (average: 1.9799), the exchange rate shifted by -0.0629 (-3.18%).

2011 Avg (January) 1.9170

2010 Avg (January) 1.9799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9233	1.9118	1.9170
February	1.9124	1.9056	1.9109
March	1.9118	1.9056	1.9106
April	1.9107	1.9052	1.9100
May	1.9110	1.9052	1.9091
June	1.9105	1.9048	1.9096
July	1.9099	1.9046	1.9091
August	1.9110	1.9067	1.9087
September	1.9066	1.8796	1.8925
October	1.8813	1.8720	1.8761
November	1.8804	1.8653	1.8721
December	1.8867	1.8713	1.8787