2012 AOA to NGN Historical Review

YEARLY HIGH

1.7126 NGN

YEARLY LOW

1.6272 NGN

YEARLY AVERAGE

1.6640 NGN

2012 AOA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AOA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 1.7126. Conversely, the yearly low was recorded on December 30, dropping to 1.6272.

This high-to-low spread represents a total annual volatility of 0.0854 NGN. From a start-to-finish perspective, comparing the January average rate of 1.6986 to the December average rate of 1.6407, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.7126 was down 1.28% compared to the 2011 peak of 1.7348, 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 8,563 NGN

2011 Average 8,332 NGN

Yearly Trough Low 8,136 NGN

Transaction Impact: A difference of 426.86 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.7102

1.6344

JanuMarcMayJulySeptNove

AOA to NGN 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 1.6748, compared to 1.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 1.6748

H2 Avg (Jul–Dec) 1.6532

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0802 NGN (High: 1.7075 / Low: 1.6272). On the other end, April was the most stable month, with a tight range of 0.0101 NGN (High: 1.6597 / Low: 1.6496).

July Spread (Volatile) ±0.0802

April Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0347 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 1.7039) against the same month in 2011 (average: 1.6736), the exchange rate shifted by +0.0303 (+1.81%).

2012 Avg (June) 1.7039

2011 Avg (June) 1.6736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7118	1.6838	1.6986
February	1.6974	1.6481	1.6686
March	1.6733	1.6530	1.6592
April	1.6597	1.6496	1.6548
May	1.6806	1.6460	1.6634
June	1.7126	1.6862	1.7039
July	1.7075	1.6272	1.6692
August	1.6969	1.6394	1.6637
September	1.6607	1.6427	1.6514
October	1.6522	1.6347	1.6468
November	1.6582	1.6390	1.6473
December	1.6512	1.6272	1.6407