YEARLY HIGH
0.1242 CVE
YEARLY LOW
0.1043 CVE
YEARLY AVERAGE
0.1173 CVE

2024 AOA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.1242. Conversely, the yearly low was recorded on October 2, dropping to 0.1043.

This high-to-low spread represents a total annual volatility of 0.0199 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1218 to the December average rate of 0.1152, the exchange rate registered a net change of -5.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1242 was down 40.34% compared to the 2023 peak of 0.2082, 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 621 CVE
2023 Average 785 CVE
Yearly Trough Low 522 CVE
Transaction Impact: A difference of 99.33 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1247
0.1055
JanuMarcMayJulySeptNove

AOA to CVE 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 0.1218, compared to 0.1127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.1218
H2 Avg (Jul–Dec) 0.1127

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0080 CVE (High: 0.1124 / Low: 0.1043). On the other end, February was the most stable month, with a tight range of 0.0015 CVE (High: 0.1239 / Low: 0.1224).

October Spread (Volatile) ±0.0080
February Spread (Stable) ±0.0015

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 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1229) against the same month in 2023 (average: 0.1984), the exchange rate shifted by -0.0755 (-38.03%).

2024 Avg (April) 0.1229
2023 Avg (April) 0.1984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1226 0.1203 0.1218
February 0.1239 0.1224 0.1231
March 0.1229 0.1206 0.1217
April 0.1242 0.1211 0.1229
May 0.1240 0.1191 0.1212
June 0.1211 0.1186 0.1200
July 0.1198 0.1153 0.1167
August 0.1166 0.1089 0.1128
September 0.1093 0.1049 0.1071
October 0.1124 0.1043 0.1107
November 0.1161 0.1111 0.1138
December 0.1164 0.1142 0.1152