2011 LTL to AOA Historical Review

YEARLY HIGH

40.1058 AOA

YEARLY LOW

34.6073 AOA

YEARLY AVERAGE

37.7069 AOA

2011 LTL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LTL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 40.1058. Conversely, the yearly low was recorded on January 10, dropping to 34.6073.

This high-to-low spread represents a total annual volatility of 5.4985 AOA. From a start-to-finish perspective, comparing the January average rate of 35.8904 to the December average rate of 36.1862, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 40.1058 was up 5.57% compared to the 2010 peak of 37.9887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200,529 AOA

2010 Average 176,227 AOA

Yearly Trough Low 173,036 AOA

Transaction Impact: A difference of 27,492.57 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

39.2540

35.5847

JanuMarcMayJulySeptNove

LTL 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 37.7960, compared to 37.6177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1783 points.

H1 Avg (Jan–Jun) 37.7960

H2 Avg (Jul–Dec) 37.6177

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 2.8351 AOA (High: 38.8979 / Low: 36.0628). On the other end, August was the most stable month, with a tight range of 0.9366 AOA (High: 39.0888 / Low: 38.1522).

October Spread (Volatile) ±2.8351

August Spread (Stable) ±0.9366

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 1.1653 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 38.7104) against the same month in 2010 (average: 34.0571), the exchange rate shifted by +4.6533 (+13.66%).

2011 Avg (May) 38.7104

2010 Avg (May) 34.0571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.9275	34.6073	35.8904
February	37.2453	36.1848	36.7538
March	38.3746	37.0811	37.7069
April	40.0465	38.1036	38.9482
May	40.1058	37.7826	38.7104
June	39.4860	37.9543	38.7665
July	39.0864	37.6708	38.4948
August	39.0888	38.1522	38.6473
September	38.5640	36.6837	37.4820
October	38.8979	36.0628	37.6359
November	37.9569	36.3727	37.2600
December	37.0750	35.4239	36.1862