2011 MZN to TOP Historical Review

YEARLY HIGH

0.0679 TOP

YEARLY LOW

0.0562 TOP

YEARLY AVERAGE

0.0610 TOP

2011 MZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.0679. Conversely, the yearly low was recorded on January 11, dropping to 0.0562.

This high-to-low spread represents a total annual volatility of 0.0117 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0573 to the December average rate of 0.0651, the exchange rate registered a net change of 13.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0679 was up 1.69% compared to the 2010 peak of 0.0668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 340 TOP

2010 Average 283 TOP

Yearly Trough Low 281 TOP

Transaction Impact: A difference of 58.61 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0659

0.0565

JanuMarcMayJulySeptNove

MZN to TOP 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 0.0590, compared to 0.0631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0590

H2 Avg (Jul–Dec) 0.0631

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0056 TOP (High: 0.0679 / Low: 0.0624). On the other end, March was the most stable month, with a tight range of 0.0014 TOP (High: 0.0606 / Low: 0.0592).

November Spread (Volatile) ±0.0056

March Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0643) against the same month in 2010 (average: 0.0521), the exchange rate shifted by +0.0122 (+23.50%).

2011 Avg (November) 0.0643

2010 Avg (November) 0.0521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0581	0.0562	0.0573
February	0.0595	0.0575	0.0588
March	0.0606	0.0592	0.0599
April	0.0611	0.0569	0.0591
May	0.0604	0.0566	0.0588
June	0.0612	0.0588	0.0601
July	0.0627	0.0574	0.0605
August	0.0620	0.0593	0.0612
September	0.0655	0.0605	0.0627
October	0.0664	0.0633	0.0645
November	0.0679	0.0624	0.0643
December	0.0660	0.0633	0.0651