2011 CDF to AOA Historical Review

YEARLY HIGH

0.1057 AOA

YEARLY LOW

0.1010 AOA

YEARLY AVERAGE

0.1026 AOA

2011 CDF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.1057. Conversely, the yearly low was recorded on February 13, dropping to 0.1010.

This high-to-low spread represents a total annual volatility of 0.0047 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1023 to the December average rate of 0.1048, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1057 was down 4.83% compared to the 2010 peak of 0.1111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 529 AOA

2010 Average 512 AOA

Yearly Trough Low 505 AOA

Transaction Impact: A difference of 23.42 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1052

0.1013

JanuMarcMayJulySeptNove

CDF 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 0.1020, compared to 0.1032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1020

H2 Avg (Jul–Dec) 0.1032

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0030 AOA (High: 0.1041 / Low: 0.1012). On the other end, May was the most stable month, with a tight range of 0.0008 AOA (High: 0.1025 / Low: 0.1017).

January Spread (Volatile) ±0.0030

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.1048) against the same month in 2010 (average: 0.1024), the exchange rate shifted by +0.0024 (+2.33%).

2011 Avg (December) 0.1048

2010 Avg (December) 0.1024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1041	0.1012	0.1023
February	0.1025	0.1010	0.1016
March	0.1025	0.1011	0.1019
April	0.1025	0.1016	0.1021
May	0.1025	0.1017	0.1019
June	0.1031	0.1015	0.1025
July	0.1028	0.1012	0.1021
August	0.1032	0.1016	0.1022
September	0.1034	0.1014	0.1025
October	0.1045	0.1024	0.1034
November	0.1055	0.1037	0.1043
December	0.1057	0.1040	0.1048