2011 CVE to AOA Historical Review

YEARLY HIGH

1.2559 AOA

YEARLY LOW

1.0837 AOA

YEARLY AVERAGE

1.1807 AOA

2011 CVE to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.2559. Conversely, the yearly low was recorded on January 10, dropping to 1.0837.

This high-to-low spread represents a total annual volatility of 0.1722 AOA. From a start-to-finish perspective, comparing the January average rate of 1.1239 to the December average rate of 1.1327, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2559 was up 5.57% compared to the 2010 peak of 1.1896, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,279 AOA

2010 Average 5,518 AOA

Yearly Trough Low 5,419 AOA

Transaction Impact: A difference of 860.92 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2292

1.1143

JanuMarcMayJulySeptNove

CVE 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 1.1835, compared to 1.1779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 1.1835

H2 Avg (Jul–Dec) 1.1779

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0888 AOA (High: 1.2181 / Low: 1.1293). On the other end, August was the most stable month, with a tight range of 0.0293 AOA (High: 1.2240 / Low: 1.1947).

October Spread (Volatile) ±0.0888

August Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0365 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.2122) against the same month in 2010 (average: 1.0665), the exchange rate shifted by +0.1457 (+13.66%).

2011 Avg (May) 1.2122

2010 Avg (May) 1.0665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1564	1.0837	1.1239
February	1.1663	1.1331	1.1509
March	1.2017	1.1612	1.1807
April	1.2540	1.1932	1.2196
May	1.2559	1.1831	1.2122
June	1.2365	1.1885	1.2140
July	1.2240	1.1796	1.2054
August	1.2240	1.1947	1.2102
September	1.2076	1.1487	1.1737
October	1.2181	1.1293	1.1786
November	1.1886	1.1390	1.1668
December	1.1627	1.1105	1.1327