2011 AOA to HUF Historical Review

YEARLY HIGH

2.5673 HUF

YEARLY LOW

1.9133 HUF

YEARLY AVERAGE

2.1483 HUF

2011 AOA to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5673. Conversely, the yearly low was recorded on May 2, dropping to 1.9133.

This high-to-low spread represents a total annual volatility of 0.6540 HUF. From a start-to-finish perspective, comparing the January average rate of 2.2212 to the December average rate of 2.4400, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5673 was down 1.07% compared to the 2010 peak of 2.5950, 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 12,836 HUF

2010 Average 11,337 HUF

Yearly Trough Low 9,566 HUF

Transaction Impact: A difference of 3,269.95 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4869

1.9245

JanuMarcMayJulySeptNove

AOA to HUF 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 2.0670, compared to 2.2296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1625 points.

H1 Avg (Jan–Jun) 2.0670

H2 Avg (Jul–Dec) 2.2296

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.2548 HUF (High: 2.3078 / Low: 2.0530). On the other end, February was the most stable month, with a tight range of 0.0793 HUF (High: 2.1768 / Low: 2.0975).

September Spread (Volatile) ±0.2548

February Spread (Stable) ±0.0793

Growth Streaks & Declines

Trends

Between June and December, 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 March and April, when the average rate fell by 0.1084 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.4400) against the same month in 2010 (average: 2.2769), the exchange rate shifted by +0.1631 (+7.16%).

2011 Avg (December) 2.4400

2010 Avg (December) 2.2769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3431	2.1326	2.2212
February	2.1768	2.0975	2.1357
March	2.1255	2.0070	2.0797
April	2.0186	1.9142	1.9714
May	2.0710	1.9133	2.0009
June	2.0493	1.9452	1.9934
July	2.0858	1.9564	2.0114
August	2.0918	2.0013	2.0410
September	2.3078	2.0530	2.2000
October	2.4042	2.2300	2.2834
November	2.5077	2.3144	2.4017
December	2.5673	2.3534	2.4400