2011 MAD to AOA Historical Review

YEARLY HIGH

12.1664 AOA

YEARLY LOW

10.7604 AOA

YEARLY AVERAGE

11.5641 AOA

2011 MAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 12.1664. Conversely, the yearly low was recorded on January 10, dropping to 10.7604.

This high-to-low spread represents a total annual volatility of 1.4060 AOA. From a start-to-finish perspective, comparing the January average rate of 11.0923 to the December average rate of 11.2049, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.1664 was up 4.74% compared to the 2010 peak of 11.6156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,832 AOA

2010 Average 54,536 AOA

Yearly Trough Low 53,802 AOA

Transaction Impact: A difference of 7,030.12 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.9466

11.0146

JanuMarcMayJulySeptNove

MAD 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 11.5754, compared to 11.5527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 11.5754

H2 Avg (Jul–Dec) 11.5527

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.7110 AOA (High: 11.8855 / Low: 11.1745). On the other end, August was the most stable month, with a tight range of 0.2345 AOA (High: 11.9070 / Low: 11.6726).

October Spread (Volatile) ±0.7110

August Spread (Stable) ±0.2345

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 0.2892 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 11.8028) against the same month in 2010 (average: 10.6334), the exchange rate shifted by +1.1694 (+11.00%).

2011 Avg (May) 11.8028

2010 Avg (May) 10.6334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3643	10.7604	11.0923
February	11.4279	11.1756	11.3086
March	11.7288	11.3838	11.5591
April	12.1396	11.6497	11.8689
May	12.1664	11.5605	11.8028
June	12.0060	11.6040	11.8208
July	11.9092	11.5239	11.7568
August	11.9070	11.6726	11.7920
September	11.7602	11.3153	11.5028
October	11.8855	11.1745	11.5763
November	11.6526	11.2464	11.4834
December	11.4352	11.0223	11.2049