2011 NPR to AOA Historical Review

YEARLY HIGH

1.3247 AOA

YEARLY LOW

1.1046 AOA

YEARLY AVERAGE

1.2670 AOA

2011 NPR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 1.3247. Conversely, the yearly low was recorded on December 15, dropping to 1.1046.

This high-to-low spread represents a total annual volatility of 0.2202 AOA. From a start-to-finish perspective, comparing the January average rate of 1.3026 to the December average rate of 1.1306, the exchange rate registered a net change of -13.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3247 was down 3.87% compared to the 2010 peak of 1.3780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,624 AOA

2010 Average 6,430 AOA

Yearly Trough Low 5,523 AOA

Transaction Impact: A difference of 1,100.84 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3314

1.1124

JanuMarcMayJulySeptNove

NPR 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 1.3042, compared to 1.2298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0743 points.

H1 Avg (Jan–Jun) 1.3042

H2 Avg (Jul–Dec) 1.2298

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0747 AOA (High: 1.2299 / Low: 1.1552). On the other end, January was the most stable month, with a tight range of 0.0125 AOA (High: 1.3113 / Low: 1.2987).

November Spread (Volatile) ±0.0747

January Spread (Stable) ±0.0125

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 November and December, when the average rate fell by 0.0585 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 1.3103) against the same month in 2010 (average: 1.2775), the exchange rate shifted by +0.0328 (+2.57%).

2011 Avg (July) 1.3103

2010 Avg (July) 1.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3113	1.2987	1.3026
February	1.3189	1.3001	1.3062
March	1.3214	1.3070	1.3120
April	1.3195	1.3050	1.3132
May	1.3165	1.2800	1.2946
June	1.3053	1.2907	1.2963
July	1.3247	1.2994	1.3103
August	1.3203	1.2638	1.2840
September	1.2778	1.2137	1.2426
October	1.2311	1.2137	1.2225
November	1.2299	1.1552	1.1891
December	1.1601	1.1046	1.1306