YEARLY HIGH
0.0022 BGN
YEARLY LOW
0.0019 BGN
YEARLY AVERAGE
0.0021 BGN

2024 AOA to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0022. Conversely, the yearly low was recorded on October 1, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0020, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0022 was down 40.18% compared to the 2023 peak of 0.0037, 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 11 BGN
2023 Average 14 BGN
Yearly Trough Low 9 BGN
Transaction Impact: A difference of 1.77 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0022
0.0019
JanuMarcMayJulySeptNove

AOA to BGN 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 0.0022, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0001 BGN (High: 0.0020 / Low: 0.0019). On the other end, February was the most stable month, with a tight range of 0.0000 BGN (High: 0.0022 / Low: 0.0022).

October Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0022) against the same month in 2023 (average: 0.0035), the exchange rate shifted by -0.0013 (-37.84%).

2024 Avg (April) 0.0022
2023 Avg (April) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0022 0.0022 0.0022
March 0.0022 0.0021 0.0022
April 0.0022 0.0021 0.0022
May 0.0022 0.0021 0.0021
June 0.0021 0.0021 0.0021
July 0.0021 0.0020 0.0021
August 0.0021 0.0019 0.0020
September 0.0019 0.0019 0.0019
October 0.0020 0.0019 0.0020
November 0.0021 0.0020 0.0020
December 0.0021 0.0020 0.0020