2024 ANG to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ANG to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ANG to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 10.2318. Conversely, the yearly low was recorded on August 29, dropping to 9.5461.
This high-to-low spread represents a total annual volatility of 0.6857 MDL. From a start-to-finish perspective, comparing the January average rate of 9.7791 to the December average rate of 10.1669, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.2318 was down 4.02% compared to the 2023 peak of 10.6601, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ANG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ANG to MDL 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 9.8207, compared to 9.8601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0394 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.3251 MDL (High: 9.8712 / Low: 9.5461). On the other end, May was the most stable month, with a tight range of 0.0958 MDL (High: 9.8487 / Low: 9.7529).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1161 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 10.1669) against the same month in 2023 (average: 9.7589), the exchange rate shifted by +0.4080 (+4.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8515 | 9.5887 | 9.7791 |
| February | 9.9349 | 9.7632 | 9.8731 |
| March | 9.8596 | 9.7341 | 9.8007 |
| April | 9.9593 | 9.7552 | 9.8390 |
| May | 9.8487 | 9.7529 | 9.8003 |
| June | 9.9337 | 9.7394 | 9.8317 |
| July | 9.8875 | 9.7515 | 9.8265 |
| August | 9.8712 | 9.5461 | 9.7104 |
| September | 9.7057 | 9.5832 | 9.6410 |
| October | 9.9600 | 9.6437 | 9.8048 |
| November | 10.1567 | 9.8583 | 10.0108 |
| December | 10.2318 | 10.1093 | 10.1669 |