2011 SZL to AOA Historical Review

YEARLY HIGH

14.1778 AOA

YEARLY LOW

11.1240 AOA

YEARLY AVERAGE

12.9788 AOA

2011 SZL to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 14.1778. Conversely, the yearly low was recorded on November 25, dropping to 11.1240.

This high-to-low spread represents a total annual volatility of 3.0537 AOA. From a start-to-finish perspective, comparing the January average rate of 13.4196 to the December average rate of 11.5876, the exchange rate registered a net change of -13.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.1778 was up 1.28% compared to the 2010 peak of 13.9989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,889 AOA

2010 Average 62,772 AOA

Yearly Trough Low 55,620 AOA

Transaction Impact: A difference of 15,268.60 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.0482

11.3639

JanuMarcMayJulySeptNove

SZL 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 13.4939, compared to 12.4637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0302 points.

H1 Avg (Jan–Jun) 13.4939

H2 Avg (Jul–Dec) 12.4637

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.4069 AOA (High: 13.3140 / Low: 11.9071). On the other end, June was the most stable month, with a tight range of 0.3237 AOA (High: 13.8614 / Low: 13.5378).

September Spread (Volatile) ±1.4069

June Spread (Stable) ±0.3237

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6719 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 13.6183) against the same month in 2010 (average: 12.2303), the exchange rate shifted by +1.3880 (+11.35%).

2011 Avg (May) 13.6183

2010 Avg (May) 12.2303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0022	12.9610	13.4196
February	13.3315	12.7565	12.9500
March	13.6588	13.1314	13.4343
April	14.1376	13.5762	13.8245
May	14.1778	13.2989	13.6183
June	13.8614	13.5378	13.7168
July	13.8972	13.4161	13.7194
August	13.9388	12.8337	13.1588
September	13.3140	11.9071	12.6589
October	12.2369	11.7204	11.9870
November	12.0445	11.1240	11.6705
December	11.8381	11.2815	11.5876