2011 DJF to AOA Historical Review

YEARLY HIGH

0.5361 AOA

YEARLY LOW

0.5199 AOA

YEARLY AVERAGE

0.5263 AOA

2011 DJF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.5361. Conversely, the yearly low was recorded on January 2, dropping to 0.5199.

This high-to-low spread represents a total annual volatility of 0.0162 AOA. From a start-to-finish perspective, comparing the January average rate of 0.5217 to the December average rate of 0.5323, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5361 was down 2.80% compared to the 2010 peak of 0.5516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,681 AOA

2010 Average 2,582 AOA

Yearly Trough Low 2,600 AOA

Transaction Impact: A difference of 80.80 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5354

0.5204

JanuMarcMayJulySeptNove

DJF 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 0.5232, compared to 0.5293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.5232

H2 Avg (Jul–Dec) 0.5293

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0075 AOA (High: 0.5320 / Low: 0.5245). On the other end, August was the most stable month, with a tight range of 0.0012 AOA (High: 0.5245 / Low: 0.5233).

September Spread (Volatile) ±0.0075

August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0019 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.5341) against the same month in 2010 (average: 0.5182), the exchange rate shifted by +0.0160 (+3.08%).

2011 Avg (November) 0.5341

2010 Avg (November) 0.5182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5231	0.5199	0.5217
February	0.5248	0.5229	0.5233
March	0.5248	0.5231	0.5234
April	0.5249	0.5234	0.5236
May	0.5249	0.5233	0.5238
June	0.5250	0.5234	0.5237
July	0.5250	0.5236	0.5238
August	0.5245	0.5233	0.5239
September	0.5320	0.5245	0.5284
October	0.5342	0.5315	0.5330
November	0.5361	0.5318	0.5341
December	0.5344	0.5300	0.5323