2011 TOP to ANG Historical Review

YEARLY HIGH

1.1042 ANG

YEARLY LOW

0.9491 ANG

YEARLY AVERAGE

1.0180 ANG

2011 TOP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 1.1042. Conversely, the yearly low was recorded on January 13, dropping to 0.9491.

This high-to-low spread represents a total annual volatility of 0.1552 ANG. From a start-to-finish perspective, comparing the January average rate of 0.9625 to the December average rate of 1.0313, the exchange rate registered a net change of 7.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1042 was up 12.89% compared to the 2010 peak of 0.9782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,521 ANG

2010 Average 4,651 ANG

Yearly Trough Low 4,745 ANG

Transaction Impact: A difference of 775.80 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0963

0.9503

JanuMarcMayJulySeptNove

TOP to ANG 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 0.9857, compared to 1.0502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 0.9857

H2 Avg (Jul–Dec) 1.0502

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0706 ANG (High: 1.1010 / Low: 1.0305). On the other end, February was the most stable month, with a tight range of 0.0021 ANG (High: 0.9663 / Low: 0.9643).

July Spread (Volatile) ±0.0706

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0298 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.0841) against the same month in 2010 (average: 0.9242), the exchange rate shifted by +0.1599 (+17.30%).

2011 Avg (August) 1.0841

2010 Avg (August) 0.9242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9662	0.9491	0.9625
February	0.9663	0.9643	0.9659
March	0.9718	0.9611	0.9650
April	1.0075	0.9616	0.9780
May	1.0189	1.0075	1.0142
June	1.0404	1.0232	1.0288
July	1.1010	1.0305	1.0564
August	1.1042	1.0754	1.0841
September	1.0866	1.0185	1.0544
October	1.0507	1.0104	1.0332
November	1.0617	1.0033	1.0419
December	1.0473	1.0207	1.0313