2010 TOP to AOA Historical Review

YEARLY HIGH

50.2781 AOA

YEARLY LOW

45.3470 AOA

YEARLY AVERAGE

47.6494 AOA

2010 TOP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 50.2781. Conversely, the yearly low was recorded on May 23, dropping to 45.3470.

This high-to-low spread represents a total annual volatility of 4.9311 AOA. From a start-to-finish perspective, comparing the January average rate of 47.2147 to the December average rate of 49.1930, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 251,390 AOA

Yearly Average 238,247 AOA

Yearly Trough Low 226,735 AOA

Transaction Impact: A difference of 24,655.26 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

49.6610

46.3595

JanuMarcMayJulySeptNove

TOP 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 47.2473, compared to 48.0514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8040 points.

H1 Avg (Jan–Jun) 47.2473

H2 Avg (Jul–Dec) 48.0514

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 3.6109 AOA (High: 48.9579 / Low: 45.3470). On the other end, April was the most stable month, with a tight range of 0.6489 AOA (High: 48.8287 / Low: 48.1798).

May Spread (Volatile) ±3.6109

April Spread (Stable) ±0.6489

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 April and May, when the average rate fell by 1.4561 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4561

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 49.1930.

2010 Avg (December) 49.1930

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.0044	46.1012	47.2147
February	48.1323	45.8786	46.9277
March	48.6281	46.2311	47.0420
April	48.8287	48.1798	48.4315
May	48.9579	45.3470	46.9754
June	48.3738	46.4899	46.8926
July	47.8888	46.7075	47.2138
August	48.3554	46.3991	47.5378
September	47.8411	45.8578	46.6347
October	48.9975	47.7300	48.3431
November	49.9338	47.8407	49.3859
December	50.2781	48.7640	49.1930