2011 LSL to AOA Historical Review

YEARLY HIGH

14.1760 AOA

YEARLY LOW

11.1223 AOA

YEARLY AVERAGE

12.9781 AOA

2011 LSL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LSL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 14.1760. Conversely, the yearly low was recorded on November 25, dropping to 11.1223.

This high-to-low spread represents a total annual volatility of 3.0537 AOA. From a start-to-finish perspective, comparing the January average rate of 13.4305 to the December average rate of 11.5880, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.1760 was up 1.33% compared to the 2010 peak of 13.9905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,880 AOA

2010 Average 62,772 AOA

Yearly Trough Low 55,611 AOA

Transaction Impact: A difference of 15,268.53 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.0298

11.3660

JanuMarcMayJulySeptNove

LSL 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 13.4923, compared to 12.4639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0284 points.

H1 Avg (Jan–Jun) 13.4923

H2 Avg (Jul–Dec) 12.4639

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.4044 AOA (High: 13.3086 / Low: 11.9041). On the other end, June was the most stable month, with a tight range of 0.3109 AOA (High: 13.8615 / Low: 13.5506).

September Spread (Volatile) ±1.4044

June Spread (Stable) ±0.3109

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6690 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 13.6078) against the same month in 2010 (average: 12.2314), the exchange rate shifted by +1.3763 (+11.25%).

2011 Avg (May) 13.6078

2010 Avg (May) 12.2314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0022	12.9465	13.4305
February	13.3321	12.7264	12.9391
March	13.7088	13.1269	13.4411
April	14.0116	13.5459	13.8078
May	14.1760	13.2928	13.6078
June	13.8615	13.5506	13.7277
July	13.8880	13.4231	13.7188
August	13.9412	12.8374	13.1623
September	13.3086	11.9041	12.6594
October	12.2572	11.7271	11.9905
November	12.0419	11.1223	11.6643
December	11.8307	11.2815	11.5880