2011 AOA to HNL Historical Review

YEARLY HIGH

0.2047 HNL

YEARLY LOW

0.1986 HNL

YEARLY AVERAGE

0.2022 HNL

2011 AOA to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2047. Conversely, the yearly low was recorded on November 24, dropping to 0.1986.

This high-to-low spread represents a total annual volatility of 0.0061 HNL. From a start-to-finish perspective, comparing the January average rate of 0.2041 to the December average rate of 0.1999, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2047 was down 3.60% compared to the 2010 peak of 0.2124, 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 1,024 HNL

2010 Average 1,031 HNL

Yearly Trough Low 993 HNL

Transaction Impact: A difference of 30.74 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2045

0.1991

JanuMarcMayJulySeptNove

AOA to HNL 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 0.2034, compared to 0.2009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.2034

H2 Avg (Jul–Dec) 0.2009

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0026 HNL (High: 0.2031 / Low: 0.2005). On the other end, March was the most stable month, with a tight range of 0.0007 HNL (High: 0.2035 / Low: 0.2029).

August Spread (Volatile) ±0.0026

March Spread (Stable) ±0.0007

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 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2041) against the same month in 2010 (average: 0.2108), the exchange rate shifted by -0.0067 (-3.19%).

2011 Avg (January) 0.2041

2010 Avg (January) 0.2108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2047	0.2035	0.2041
February	0.2036	0.2028	0.2034
March	0.2035	0.2029	0.2033
April	0.2034	0.2027	0.2033
May	0.2034	0.2027	0.2032
June	0.2034	0.2027	0.2032
July	0.2034	0.2023	0.2031
August	0.2031	0.2005	0.2021
September	0.2022	0.2000	0.2010
October	0.2002	0.1995	0.1999
November	0.2000	0.1986	0.1995
December	0.2005	0.1992	0.1999