2011 NGN to AOA Historical Review

YEARLY HIGH

0.6270 AOA

YEARLY LOW

0.5764 AOA

YEARLY AVERAGE

0.6003 AOA

2011 NGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.6270. Conversely, the yearly low was recorded on December 27, dropping to 0.5764.

This high-to-low spread represents a total annual volatility of 0.0505 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6076 to the December average rate of 0.5839, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6270 was down 3.71% compared to the 2010 peak of 0.6511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 626,958 AOA

2010 Average 607,307 AOA

Yearly Trough Low 576,427 AOA

Transaction Impact: A difference of 50,530.74 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6141

0.5811

JanuMarcMayJulySeptNove

NGN 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 0.6019, compared to 0.5987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.6019

H2 Avg (Jul–Dec) 0.5987

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0299 AOA (High: 0.6270 / Low: 0.5971). On the other end, February was the most stable month, with a tight range of 0.0065 AOA (High: 0.6110 / Low: 0.6045).

August Spread (Volatile) ±0.0299

February Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.0138 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.6061) against the same month in 2010 (average: 0.6115), the exchange rate shifted by -0.0053 (-0.87%).

2011 Avg (August) 0.6061

2010 Avg (August) 0.6115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6117	0.6008	0.6076
February	0.6110	0.6045	0.6082
March	0.6059	0.5921	0.5997
April	0.6069	0.5990	0.6017
May	0.6025	0.5899	0.5963
June	0.6112	0.5935	0.5976
July	0.6190	0.6081	0.6114
August	0.6270	0.5971	0.6061
September	0.6066	0.5942	0.6009
October	0.6022	0.5769	0.5922
November	0.6041	0.5886	0.5977
December	0.5890	0.5764	0.5839