YEARLY HIGH
0.0084 DKK
YEARLY LOW
0.0071 DKK
YEARLY AVERAGE
0.0079 DKK

2024 AOA to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0084. Conversely, the yearly low was recorded on October 1, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0013 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0078, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0084 was down 40.01% compared to the 2023 peak of 0.0140, 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 42 DKK
2023 Average 53 DKK
Yearly Trough Low 35 DKK
Transaction Impact: A difference of 6.73 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0084
0.0071
JanuMarcMayJulySeptNove

AOA to DKK 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 0.0082, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0082
H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0005 DKK (High: 0.0076 / Low: 0.0071). On the other end, February was the most stable month, with a tight range of 0.0001 DKK (High: 0.0084 / Low: 0.0082).

October Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0083) against the same month in 2023 (average: 0.0134), the exchange rate shifted by -0.0051 (-37.83%).

2024 Avg (April) 0.0083
2023 Avg (April) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0083 0.0081 0.0082
February 0.0084 0.0082 0.0083
March 0.0083 0.0082 0.0082
April 0.0084 0.0082 0.0083
May 0.0083 0.0080 0.0082
June 0.0082 0.0080 0.0081
July 0.0081 0.0078 0.0079
August 0.0079 0.0074 0.0076
September 0.0074 0.0071 0.0072
October 0.0076 0.0071 0.0075
November 0.0078 0.0075 0.0077
December 0.0079 0.0077 0.0078