2011 PEN to AOA Historical Review

YEARLY HIGH

35.2141 AOA

YEARLY LOW

32.7705 AOA

YEARLY AVERAGE

33.9641 AOA

2011 PEN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 35.2141. Conversely, the yearly low was recorded on May 2, dropping to 32.7705.

This high-to-low spread represents a total annual volatility of 2.4437 AOA. From a start-to-finish perspective, comparing the January average rate of 33.2454 to the December average rate of 35.1556, the exchange rate registered a net change of 5.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 35.2141 was up 7.94% compared to the 2010 peak of 32.6249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,071 AOA

2010 Average 152,707 AOA

Yearly Trough Low 163,852 AOA

Transaction Impact: A difference of 12,218.40 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

35.3665

32.8350

JanuMarcMayJulySeptNove

PEN 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 33.4160, compared to 34.5122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0962 points.

H1 Avg (Jan–Jun) 33.4160

H2 Avg (Jul–Dec) 34.5122

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 1.0945 AOA (High: 33.8650 / Low: 32.7705). On the other end, December was the most stable month, with a tight range of 0.1362 AOA (High: 35.2141 / Low: 35.0780).

May Spread (Volatile) ±1.0945

December Spread (Stable) ±0.1362

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4347 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.4347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 35.1556) against the same month in 2010 (average: 30.6612), the exchange rate shifted by +4.4943 (+14.66%).

2011 Avg (December) 35.1556

2010 Avg (December) 30.6612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.5232	32.9331	33.2454
February	33.6649	33.3442	33.5406
March	33.5912	33.0420	33.4806
April	33.3348	32.8830	33.0459
May	33.8650	32.7705	33.5081
June	33.8120	33.3686	33.6754
July	34.0190	33.8538	33.9511
August	34.1546	33.7662	33.9888
September	34.5506	34.0271	34.2382
October	35.0511	34.0081	34.6548
November	35.2122	34.9655	35.0849
December	35.2141	35.0780	35.1556