2024 AED to AOA Historical Review

YEARLY HIGH

259.8693 AOA

YEARLY LOW

225.5130 AOA

YEARLY AVERAGE

237.2993 AOA

2024 AED to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 259.8693. Conversely, the yearly low was recorded on February 19, dropping to 225.5130.

This high-to-low spread represents a total annual volatility of 34.3563 AOA. From a start-to-finish perspective, comparing the January average rate of 226.1038 to the December average rate of 248.6560, the exchange rate registered a net change of 9.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 259.8693 was up 14.63% compared to the 2023 peak of 226.7033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,299,347 AOA

2023 Average 934,602 AOA

Yearly Trough Low 1,127,565 AOA

Transaction Impact: A difference of 171,781.65 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

255.2920

223.4504

JanuMarcMayJulySeptNove

AED 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 228.2109, compared to 246.3878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1770 points.

H1 Avg (Jan–Jun) 228.2109

H2 Avg (Jul–Dec) 246.3878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 12.7889 AOA (High: 259.8693 / Low: 247.0804). On the other end, November was the most stable month, with a tight range of 0.7668 AOA (High: 248.7068 / Low: 247.9400).

October Spread (Volatile) ±12.7889

November Spread (Stable) ±0.7668

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.4302 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -3.4302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 249.2083) against the same month in 2023 (average: 225.3722), the exchange rate shifted by +23.8362 (+10.58%).

2024 Avg (October) 249.2083

2023 Avg (October) 225.3722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	226.6607	225.6321	226.1038
February	226.6601	225.5130	226.2512
March	228.1949	225.5768	227.1946
April	228.1930	226.7186	227.5230
May	233.1881	227.0787	229.5110
June	233.1881	232.4065	232.6814
July	239.1371	234.2317	237.3468
August	247.0800	238.9559	242.1658
September	256.5659	248.3988	252.6385
October	259.8693	247.0804	249.2083
November	248.7068	247.9400	248.3114
December	249.9343	248.2954	248.6560