2011 RWF to AOA Historical Review

YEARLY HIGH

0.1600 AOA

YEARLY LOW

0.1544 AOA

YEARLY AVERAGE

0.1567 AOA

2011 RWF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RWF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.1600. Conversely, the yearly low was recorded on January 23, dropping to 0.1544.

This high-to-low spread represents a total annual volatility of 0.0055 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1559 to the December average rate of 0.1581, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1600 was down 6.00% compared to the 2010 peak of 0.1702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 800 AOA

2010 Average 788 AOA

Yearly Trough Low 772 AOA

Transaction Impact: A difference of 27.64 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1592

0.1554

JanuMarcMayJulySeptNove

RWF 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 0.1559, compared to 0.1576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1559

H2 Avg (Jul–Dec) 0.1576

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0029 AOA (High: 0.1590 / Low: 0.1560). On the other end, March was the most stable month, with a tight range of 0.0007 AOA (High: 0.1564 / Low: 0.1556).

September Spread (Volatile) ±0.0029

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.1589) against the same month in 2010 (average: 0.1569), the exchange rate shifted by +0.0020 (+1.26%).

2011 Avg (October) 0.1589

2010 Avg (October) 0.1569

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1571	0.1544	0.1559
February	0.1563	0.1549	0.1557
March	0.1564	0.1556	0.1559
April	0.1568	0.1556	0.1559
May	0.1568	0.1555	0.1561
June	0.1568	0.1548	0.1559
July	0.1566	0.1556	0.1560
August	0.1574	0.1550	0.1562
September	0.1590	0.1560	0.1577
October	0.1600	0.1583	0.1589
November	0.1593	0.1578	0.1586
December	0.1585	0.1577	0.1581