2024 AFN to AOA Historical Review

YEARLY HIGH

14.0996 AOA

YEARLY LOW

11.0626 AOA

YEARLY AVERAGE

12.3809 AOA

2024 AFN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 14.0996. Conversely, the yearly low was recorded on February 3, dropping to 11.0626.

This high-to-low spread represents a total annual volatility of 3.0370 AOA. From a start-to-finish perspective, comparing the January average rate of 11.6123 to the December average rate of 13.1582, the exchange rate registered a net change of 13.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.0996 was up 17.06% compared to the 2023 peak of 12.0446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,498 AOA

2023 Average 42,388 AOA

Yearly Trough Low 55,313 AOA

Transaction Impact: A difference of 15,184.87 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.8757

11.1295

JanuMarcMayJulySeptNove

AFN 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 11.6753, compared to 13.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4112 points.

H1 Avg (Jan–Jun) 11.6753

H2 Avg (Jul–Dec) 13.0864

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.8912 AOA (High: 13.8358 / Low: 12.9446). On the other end, April was the most stable month, with a tight range of 0.2165 AOA (High: 11.7514 / Low: 11.5349).

September Spread (Volatile) ±0.8912

April Spread (Stable) ±0.2165

Growth Streaks & Declines

Trends

Between February and October, 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 November and December, when the average rate fell by 0.3182 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 13.6468) against the same month in 2023 (average: 10.9618), the exchange rate shifted by +2.6850 (+24.49%).

2024 Avg (October) 13.6468

2023 Avg (October) 10.9618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8753	11.1880	11.6123
February	11.5122	11.0626	11.3583
March	11.7719	11.4138	11.5603
April	11.7514	11.5349	11.6404
May	12.1489	11.5430	11.7625
June	12.2535	11.9377	12.1178
July	12.4837	12.1230	12.3200
August	12.8721	12.3639	12.5635
September	13.8358	12.9446	13.3537
October	14.0996	13.2486	13.6468
November	13.6374	13.3513	13.4764
December	13.5328	12.9391	13.1582