2011 JMD to AOA Historical Review

YEARLY HIGH

1.1083 AOA

YEARLY LOW

1.0642 AOA

YEARLY AVERAGE

1.0890 AOA

2011 JMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1.1083. Conversely, the yearly low was recorded on January 5, dropping to 1.0642.

This high-to-low spread represents a total annual volatility of 0.0441 AOA. From a start-to-finish perspective, comparing the January average rate of 1.0674 to the December average rate of 1.0997, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1083 was up 0.03% compared to the 2010 peak of 1.1079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,541 AOA

2010 Average 5,232 AOA

Yearly Trough Low 5,321 AOA

Transaction Impact: A difference of 220.33 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1075

1.0637

JanuMarcMayJulySeptNove

JMD 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 1.0803, compared to 1.0976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 1.0803

H2 Avg (Jul–Dec) 1.0976

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0242 AOA (High: 1.0948 / Low: 1.0706). On the other end, May was the most stable month, with a tight range of 0.0045 AOA (High: 1.0962 / Low: 1.0917).

April Spread (Volatile) ±0.0242

May Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.1039) against the same month in 2010 (average: 1.0609), the exchange rate shifted by +0.0430 (+4.05%).

2011 Avg (November) 1.1039

2010 Avg (November) 1.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0735	1.0642	1.0674
February	1.0748	1.0669	1.0704
March	1.0733	1.0670	1.0691
April	1.0948	1.0706	1.0887
May	1.0962	1.0917	1.0941
June	1.0959	1.0886	1.0922
July	1.0946	1.0874	1.0912
August	1.0986	1.0820	1.0894
September	1.1058	1.0879	1.0977
October	1.1077	1.0991	1.1038
November	1.1083	1.0984	1.1039
December	1.1054	1.0939	1.0997