2011 BIF to AOA Historical Review

YEARLY HIGH

0.0823 AOA

YEARLY LOW

0.0718 AOA

YEARLY AVERAGE

0.0775 AOA

2011 BIF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0823. Conversely, the yearly low was recorded on December 13, dropping to 0.0718.

This high-to-low spread represents a total annual volatility of 0.0105 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.0736, the exchange rate registered a net change of -9.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0823 was down 4.34% compared to the 2010 peak of 0.0861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 412 AOA

2010 Average 404 AOA

Yearly Trough Low 359 AOA

Transaction Impact: A difference of 52.61 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0827

0.0728

JanuMarcMayJulySeptNove

BIF 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 0.0790, compared to 0.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0790

H2 Avg (Jul–Dec) 0.0759

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0065 AOA (High: 0.0820 / Low: 0.0755). On the other end, February was the most stable month, with a tight range of 0.0005 AOA (High: 0.0821 / Low: 0.0816).

April Spread (Volatile) ±0.0065

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.0818) against the same month in 2010 (average: 0.0795), the exchange rate shifted by +0.0023 (+2.92%).

2011 Avg (March) 0.0818

2010 Avg (March) 0.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0822	0.0812	0.0817
February	0.0821	0.0816	0.0818
March	0.0823	0.0814	0.0818
April	0.0820	0.0755	0.0766
May	0.0763	0.0756	0.0760
June	0.0763	0.0755	0.0759
July	0.0762	0.0755	0.0759
August	0.0763	0.0751	0.0758
September	0.0769	0.0758	0.0764
October	0.0774	0.0766	0.0770
November	0.0775	0.0746	0.0769
December	0.0772	0.0718	0.0736