2011 GEL to AOA Historical Review

YEARLY HIGH

57.4588 AOA

YEARLY LOW

51.1666 AOA

YEARLY AVERAGE

55.5365 AOA

2011 GEL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 57.4588. Conversely, the yearly low was recorded on January 17, dropping to 51.1666.

This high-to-low spread represents a total annual volatility of 6.2922 AOA. From a start-to-finish perspective, comparing the January average rate of 51.6142 to the December average rate of 57.1292, the exchange rate registered a net change of 10.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 57.4588 was up 6.97% compared to the 2010 peak of 53.7133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 287,294 AOA

2010 Average 256,721 AOA

Yearly Trough Low 255,833 AOA

Transaction Impact: A difference of 31,460.92 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

57.8410

51.0481

JanuMarcMayJulySeptNove

GEL 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 54.3497, compared to 56.7234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3738 points.

H1 Avg (Jan–Jun) 54.3497

H2 Avg (Jul–Dec) 56.7234

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 2.3070 AOA (High: 56.8358 / Low: 54.5288). On the other end, November was the most stable month, with a tight range of 0.3429 AOA (High: 57.4588 / Low: 57.1159).

April Spread (Volatile) ±2.3070

November Spread (Stable) ±0.3429

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3791 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 57.2749) against the same month in 2010 (average: 52.2773), the exchange rate shifted by +4.9977 (+9.56%).

2011 Avg (November) 57.2749

2010 Avg (November) 52.2773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.3368	51.1666	51.6142
February	53.4050	51.5710	52.4223
March	54.8038	53.7209	54.3614
April	56.8358	54.5288	55.9166
May	56.7403	54.9555	55.5376
June	56.7128	55.8633	56.2458
July	56.5423	55.3208	55.8903
August	56.6574	55.9254	56.4407
September	56.8993	56.2164	56.5100
October	57.3987	56.6032	57.0954
November	57.4588	57.1159	57.2749
December	57.3950	56.3602	57.1292