2011 VEF to AOA Historical Review

YEARLY HIGH

22.1621 AOA

YEARLY LOW

21.4897 AOA

YEARLY AVERAGE

21.7742 AOA

2011 VEF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 22.1621. Conversely, the yearly low was recorded on January 2, dropping to 21.4897.

This high-to-low spread represents a total annual volatility of 0.6723 AOA. From a start-to-finish perspective, comparing the January average rate of 21.5769 to the December average rate of 22.0788, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.1621 was down 46.77% compared to the 2010 peak of 41.6319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,810 AOA

2010 Average 109,633 AOA

Yearly Trough Low 107,449 AOA

Transaction Impact: A difference of 3,361.65 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.1536

21.5245

JanuMarcMayJulySeptNove

VEF 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 21.6439, compared to 21.9046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2606 points.

H1 Avg (Jan–Jun) 21.6439

H2 Avg (Jul–Dec) 21.9046

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3373 AOA (High: 22.0165 / Low: 21.6793). On the other end, August was the most stable month, with a tight range of 0.0574 AOA (High: 21.7039 / Low: 21.6464).

September Spread (Volatile) ±0.3373

August Spread (Stable) ±0.0574

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0224 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 22.1012) against the same month in 2010 (average: 21.4340), the exchange rate shifted by +0.6672 (+3.11%).

2011 Avg (November) 22.1012

2010 Avg (November) 21.4340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.6455	21.4897	21.5769
February	21.7155	21.6122	21.6466
March	21.7162	21.6186	21.6519
April	21.7207	21.6366	21.6584
May	21.7201	21.6388	21.6664
June	21.7247	21.6377	21.6633
July	21.7269	21.6404	21.6671
August	21.7039	21.6464	21.6735
September	22.0165	21.6793	21.8586
October	22.1052	21.9711	22.0482
November	22.1621	22.0780	22.1012
December	22.1146	22.0535	22.0788