2011 SHP to AOA Historical Review

YEARLY HIGH

155.2691 AOA

YEARLY LOW

143.2460 AOA

YEARLY AVERAGE

150.0297 AOA

2011 SHP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SHP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 155.2691. Conversely, the yearly low was recorded on January 6, dropping to 143.2460.

This high-to-low spread represents a total annual volatility of 12.0231 AOA. From a start-to-finish perspective, comparing the January average rate of 146.2096 to the December average rate of 147.9827, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 155.2691 was up 3.64% compared to the 2010 peak of 149.8200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 776,345 AOA

2010 Average 709,084 AOA

Yearly Trough Low 716,230 AOA

Transaction Impact: A difference of 60,115.62 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

152.9915

145.5931

JanuMarcMayJulySeptNove

SHP 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 150.3171, compared to 149.7423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5749 points.

H1 Avg (Jan–Jun) 150.3171

H2 Avg (Jul–Dec) 149.7423

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 7.5259 AOA (High: 152.8741 / Low: 145.3483). On the other end, February was the most stable month, with a tight range of 2.6530 AOA (High: 151.3423 / Low: 148.6894).

October Spread (Volatile) ±7.5259

February Spread (Stable) ±2.6530

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 August and September, when the average rate fell by 3.9302 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.9302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 152.3750) against the same month in 2010 (average: 143.0604), the exchange rate shifted by +9.3146 (+6.51%).

2011 Avg (April) 152.3750

2010 Avg (April) 143.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	148.3491	143.2460	146.2096
February	151.3423	148.6894	149.9850
March	152.3533	148.6856	150.2400
April	155.2691	149.5613	152.3750
May	155.2691	150.0012	152.2135
June	152.8735	148.6938	150.8796
July	152.7430	147.8570	150.3311
August	153.7573	150.6548	152.3191
September	151.2030	144.9740	148.3890
October	152.8741	145.3483	149.3984
November	152.3579	146.6592	150.0332
December	149.0116	146.0876	147.9827