2011 GNF to AOA Historical Review

YEARLY HIGH

0.0146 AOA

YEARLY LOW

0.0121 AOA

YEARLY AVERAGE

0.0135 AOA

2011 GNF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0146. Conversely, the yearly low was recorded on February 6, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0026 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0137, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0146 was down 25.16% compared to the 2010 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73 AOA

2010 Average 84 AOA

Yearly Trough Low 60 AOA

Transaction Impact: A difference of 12.83 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0144

0.0125

JanuMarcMayJulySeptNove

GNF 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 0.0131, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0131

H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0011 AOA (High: 0.0140 / Low: 0.0129). On the other end, April was the most stable month, with a tight range of 0.0001 AOA (High: 0.0133 / Low: 0.0131).

May Spread (Volatile) ±0.0011

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and July, 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 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0142) against the same month in 2010 (average: 0.0155), the exchange rate shifted by -0.0013 (-8.25%).

2011 Avg (September) 0.0142

2010 Avg (September) 0.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0133	0.0122	0.0128
February	0.0129	0.0121	0.0126
March	0.0132	0.0122	0.0130
April	0.0133	0.0131	0.0132
May	0.0140	0.0129	0.0132
June	0.0140	0.0138	0.0139
July	0.0140	0.0138	0.0139
August	0.0141	0.0133	0.0139
September	0.0146	0.0139	0.0142
October	0.0143	0.0138	0.0140
November	0.0143	0.0136	0.0140
December	0.0141	0.0135	0.0137