2024 AOA to AFN Historical Review

YEARLY HIGH

0.0904 AFN

YEARLY LOW

0.0709 AFN

YEARLY AVERAGE

0.0811 AFN

2024 AOA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0904. Conversely, the yearly low was recorded on October 1, dropping to 0.0709.

This high-to-low spread represents a total annual volatility of 0.0195 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0861 to the December average rate of 0.0760, the exchange rate registered a net change of -11.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0904 was down 49.96% compared to the 2023 peak of 0.1806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 452 AFN

2023 Average 645 AFN

Yearly Trough Low 355 AFN

Transaction Impact: A difference of 97.35 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0895

0.0718

JanuMarcMayJulySeptNove

AOA to AFN 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 0.0857, compared to 0.0765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.0857

H2 Avg (Jul–Dec) 0.0765

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0052 AFN (High: 0.0894 / Low: 0.0842). On the other end, November was the most stable month, with a tight range of 0.0016 AFN (High: 0.0749 / Low: 0.0733).

January Spread (Volatile) ±0.0052

November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0880) against the same month in 2023 (average: 0.1775), the exchange rate shifted by -0.0895 (-50.41%).

2024 Avg (February) 0.0880

2023 Avg (February) 0.1775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0894	0.0842	0.0861
February	0.0904	0.0869	0.0880
March	0.0876	0.0849	0.0865
April	0.0867	0.0851	0.0859
May	0.0866	0.0823	0.0850
June	0.0838	0.0816	0.0825
July	0.0825	0.0801	0.0812
August	0.0809	0.0777	0.0796
September	0.0773	0.0723	0.0749
October	0.0755	0.0709	0.0733
November	0.0749	0.0733	0.0742
December	0.0773	0.0739	0.0760