2011 LRD to AOA Historical Review

YEARLY HIGH

1.3409 AOA

YEARLY LOW

1.2743 AOA

YEARLY AVERAGE

1.2982 AOA

2011 LRD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.3409. Conversely, the yearly low was recorded on July 20, dropping to 1.2743.

This high-to-low spread represents a total annual volatility of 0.0666 AOA. From a start-to-finish perspective, comparing the January average rate of 1.2938 to the December average rate of 1.3156, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3409 was down 4.23% compared to the 2010 peak of 1.4001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,704 AOA

2010 Average 6,483 AOA

Yearly Trough Low 6,371 AOA

Transaction Impact: A difference of 332.97 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3317

1.2791

JanuMarcMayJulySeptNove

LRD 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 1.2905, compared to 1.3058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 1.2905

H2 Avg (Jul–Dec) 1.3058

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0486 AOA (High: 1.3251 / Low: 1.2765). On the other end, February was the most stable month, with a tight range of 0.0104 AOA (High: 1.2920 / Low: 1.2816).

January Spread (Volatile) ±0.0486

February Spread (Stable) ±0.0104

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 November and December, when the average rate fell by 0.0117 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.3273) against the same month in 2010 (average: 1.3205), the exchange rate shifted by +0.0069 (+0.52%).

2011 Avg (November) 1.3273

2010 Avg (November) 1.3205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3251	1.2765	1.2938
February	1.2920	1.2816	1.2840
March	1.3054	1.2826	1.2901
April	1.3058	1.2838	1.2959
May	1.3061	1.2824	1.2922
June	1.3020	1.2746	1.2870
July	1.2959	1.2743	1.2835
August	1.3001	1.2810	1.2888
September	1.3212	1.2857	1.3070
October	1.3212	1.3038	1.3126
November	1.3409	1.3101	1.3273
December	1.3373	1.3014	1.3156