2012 MKD to AOA Historical Review

YEARLY HIGH

2.0724 AOA

YEARLY LOW

1.8807 AOA

YEARLY AVERAGE

1.9925 AOA

2012 MKD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 2.0724. Conversely, the yearly low was recorded on July 25, dropping to 1.8807.

This high-to-low spread represents a total annual volatility of 0.1916 AOA. From a start-to-finish perspective, comparing the January average rate of 1.9943 to the December average rate of 2.0288, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.0724 was down 8.17% compared to the 2011 peak of 2.2566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,362 AOA

2011 Average 10,609 AOA

Yearly Trough Low 9,404 AOA

Transaction Impact: A difference of 958.21 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.0552

1.9031

JanuMarcMayJulySeptNove

MKD 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 2.0076, compared to 1.9775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 2.0076

H2 Avg (Jul–Dec) 1.9775

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1387 AOA (High: 2.0194 / Low: 1.8807). On the other end, December was the most stable month, with a tight range of 0.0143 AOA (High: 2.0344 / Low: 2.0200).

July Spread (Volatile) ±0.1387

December Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0512 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 2.0426) against the same month in 2011 (average: 2.0680), the exchange rate shifted by -0.0255 (-1.23%).

2012 Avg (February) 2.0426

2011 Avg (February) 2.0680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0406	1.9579	1.9943
February	2.0724	2.0153	2.0426
March	2.0647	2.0168	2.0417
April	2.0647	2.0220	2.0381
May	2.0498	1.9368	1.9868
June	1.9590	1.9296	1.9422
July	2.0194	1.8807	1.9446
August	1.9459	1.9053	1.9158
September	2.0231	1.9369	1.9678
October	2.0220	1.9921	2.0073
November	2.0188	1.9940	2.0006
December	2.0344	2.0200	2.0288