2011 AZN to AOA Historical Review

YEARLY HIGH

121.0752 AOA

YEARLY LOW

115.8920 AOA

YEARLY AVERAGE

118.5403 AOA

2011 AZN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 121.0752. Conversely, the yearly low was recorded on January 2, dropping to 115.8920.

This high-to-low spread represents a total annual volatility of 5.1831 AOA. From a start-to-finish perspective, comparing the January average rate of 116.3295 to the December average rate of 120.6454, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 121.0752 was up 4.05% compared to the 2010 peak of 116.3603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 605,376 AOA

2010 Average 569,339 AOA

Yearly Trough Low 579,460 AOA

Transaction Impact: A difference of 25,915.59 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

121.2253

115.8844

JanuMarcMayJulySeptNove

AZN to AOA 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 117.3721, compared to 119.7086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3365 points.

H1 Avg (Jan–Jun) 117.3721

H2 Avg (Jul–Dec) 119.7086

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.6956 AOA (High: 120.2835 / Low: 118.5879). On the other end, August was the most stable month, with a tight range of 0.1676 AOA (High: 118.5874 / Low: 118.4198).

September Spread (Volatile) ±1.6956

August Spread (Stable) ±0.1676

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1348 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.1348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 120.7802) against the same month in 2010 (average: 115.1866), the exchange rate shifted by +5.5936 (+4.86%).

2011 Avg (November) 120.7802

2010 Avg (November) 115.1866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	116.7684	115.8920	116.3295
February	117.4856	116.8138	117.0228
March	117.7354	117.1779	117.3084
April	117.9419	117.4556	117.5672
May	118.0758	117.6209	117.8373
June	118.6420	117.9489	118.1672
July	118.6386	118.3408	118.4157
August	118.5874	118.4198	118.4664
September	120.2835	118.5879	119.4717
October	120.6887	120.1170	120.4722
November	121.0752	120.5758	120.7802
December	120.7917	120.5471	120.6454