2012 AOA to TOP Historical Review

YEARLY HIGH

0.0189 TOP

YEARLY LOW

0.0176 TOP

YEARLY AVERAGE

0.0182 TOP

2012 AOA to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AOA to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 0.0189. Conversely, the yearly low was recorded on March 5, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0013 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0182, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0189 was down 7.38% compared to the 2011 peak of 0.0204, 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 94 TOP

2011 Average 94 TOP

Yearly Trough Low 88 TOP

Transaction Impact: A difference of 6.31 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0189

0.0177

JanuMarcMayJulySeptNove

AOA to TOP 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 0.0182, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0182

H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0013 TOP (High: 0.0189 / Low: 0.0176). On the other end, June was the most stable month, with a tight range of 0.0002 TOP (High: 0.0189 / Low: 0.0187).

May Spread (Volatile) ±0.0013

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 0.0184) against the same month in 2011 (average: 0.0190), the exchange rate shifted by -0.0005 (-2.78%).

2012 Avg (May) 0.0184

2011 Avg (May) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0185	0.0179	0.0183
February	0.0180	0.0176	0.0178
March	0.0180	0.0176	0.0178
April	0.0180	0.0177	0.0179
May	0.0189	0.0176	0.0184
June	0.0189	0.0187	0.0188
July	0.0188	0.0182	0.0184
August	0.0185	0.0182	0.0183
September	0.0185	0.0180	0.0183
October	0.0184	0.0181	0.0182
November	0.0186	0.0179	0.0182
December	0.0184	0.0181	0.0182