2024 ALL to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ALL to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ALL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 10.7194. Conversely, the yearly low was recorded on February 6, dropping to 8.5648.
This high-to-low spread represents a total annual volatility of 2.1546 AOA. From a start-to-finish perspective, comparing the January average rate of 8.7228 to the December average rate of 9.7330, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.7194 was up 16.33% compared to the 2023 peak of 9.2148, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ALL to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.8647, compared to 9.8892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0246 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.7579 AOA (High: 10.7194 / Low: 9.9615). On the other end, February was the most stable month, with a tight range of 0.1388 AOA (High: 8.7036 / Low: 8.5648).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2619 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 10.1107) against the same month in 2023 (average: 8.2677), the exchange rate shifted by +1.8430 (+22.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.8478 | 8.6677 | 8.7228 |
| February | 8.7036 | 8.5648 | 8.6373 |
| March | 8.8525 | 8.6416 | 8.7706 |
| April | 8.9118 | 8.6987 | 8.8307 |
| May | 9.2098 | 8.9078 | 9.0644 |
| June | 9.2851 | 9.0975 | 9.1624 |
| July | 9.5473 | 9.1996 | 9.4281 |
| August | 10.1128 | 9.4625 | 9.8038 |
| September | 10.6697 | 10.1172 | 10.3726 |
| October | 10.7194 | 9.9615 | 10.1107 |
| November | 10.1347 | 9.6841 | 9.8871 |
| December | 9.8140 | 9.6160 | 9.7330 |