2011 MRO to AOA Historical Review

YEARLY HIGH

0.3477 AOA

YEARLY LOW

0.3228 AOA

YEARLY AVERAGE

0.3345 AOA

2011 MRO to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.3477. Conversely, the yearly low was recorded on February 27, dropping to 0.3228.

This high-to-low spread represents a total annual volatility of 0.0249 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3308 to the December average rate of 0.3312, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3477 was down 4.17% compared to the 2010 peak of 0.3628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,739 AOA

2010 Average 1,677 AOA

Yearly Trough Low 1,614 AOA

Transaction Impact: A difference of 124.52 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3442

0.3283

JanuMarcMayJulySeptNove

MRO 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 0.3354, compared to 0.3336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.3354

H2 Avg (Jul–Dec) 0.3336

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0164 AOA (High: 0.3392 / Low: 0.3228). On the other end, September was the most stable month, with a tight range of 0.0043 AOA (High: 0.3365 / Low: 0.3322).

February Spread (Volatile) ±0.0164

September Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between March and May, 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 0.0045 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.3429) against the same month in 2010 (average: 0.3447), the exchange rate shifted by -0.0018 (-0.52%).

2011 Avg (May) 0.3429

2010 Avg (May) 0.3447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3368	0.3265	0.3308
February	0.3392	0.3228	0.3299
March	0.3372	0.3242	0.3296
April	0.3431	0.3287	0.3384
May	0.3477	0.3397	0.3429
June	0.3450	0.3373	0.3410
July	0.3417	0.3349	0.3380
August	0.3395	0.3299	0.3350
September	0.3365	0.3322	0.3342
October	0.3346	0.3255	0.3297
November	0.3385	0.3294	0.3334
December	0.3337	0.3293	0.3312