2012 PEN to AOA Historical Review

YEARLY HIGH

37.8137 AOA

YEARLY LOW

35.1316 AOA

YEARLY AVERAGE

36.1745 AOA

2012 PEN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PEN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 37.8137. Conversely, the yearly low was recorded on January 2, dropping to 35.1316.

This high-to-low spread represents a total annual volatility of 2.6820 AOA. From a start-to-finish perspective, comparing the January average rate of 35.2628 to the December average rate of 37.3201, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 37.8137 was up 7.38% compared to the 2011 peak of 35.2141, 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 189,068 AOA

2011 Average 169,835 AOA

Yearly Trough Low 175,658 AOA

Transaction Impact: A difference of 13,410.12 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

37.5258

35.0571

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 35.5528, compared to 36.7962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2433 points.

H1 Avg (Jan–Jun) 35.5528

H2 Avg (Jul–Dec) 36.7962

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 2.0064 AOA (High: 37.8137 / Low: 35.8072). On the other end, January was the most stable month, with a tight range of 0.2320 AOA (High: 35.3637 / Low: 35.1316).

July Spread (Volatile) ±2.0064

January Spread (Stable) ±0.2320

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 July and August, when the average rate fell by 0.2030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 36.6690) against the same month in 2011 (average: 33.9511), the exchange rate shifted by +2.7179 (+8.01%).

2012 Avg (July) 36.6690

2011 Avg (July) 33.9511

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.3637	35.1316	35.2628
February	35.6139	35.2673	35.3972
March	35.6704	35.2000	35.5566
April	36.0675	35.6136	35.7935
May	36.0936	35.1680	35.6927
June	36.1074	35.1777	35.6143
July	37.8137	35.8072	36.6690
August	36.6868	36.1916	36.4660
September	36.8515	36.4877	36.6699
October	36.9912	36.7026	36.8655
November	37.0829	36.5762	36.7866
December	37.6269	37.0374	37.3201