2024 AOA to ETB Historical Review

YEARLY HIGH

0.1403 ETB

YEARLY LOW

0.0656 ETB

YEARLY AVERAGE

0.0932 ETB

2024 AOA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1403. Conversely, the yearly low was recorded on July 17, dropping to 0.0656.

This high-to-low spread represents a total annual volatility of 0.0746 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.1387, the exchange rate registered a net change of 104.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1403 was up 30.43% compared to the 2023 peak of 0.1075, 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 701 ETB

2023 Average 420 ETB

Yearly Trough Low 328 ETB

Transaction Impact: A difference of 373.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1458

0.0596

JanuMarcMayJulySeptNove

AOA to ETB 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 0.0679, compared to 0.1186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0507 points.

H1 Avg (Jan–Jun) 0.0679

H2 Avg (Jul–Dec) 0.1186

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0356 ETB (High: 0.1254 / Low: 0.0898). On the other end, January was the most stable month, with a tight range of 0.0009 ETB (High: 0.0682 / Low: 0.0673).

August Spread (Volatile) ±0.0356

January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1387) against the same month in 2023 (average: 0.0676), the exchange rate shifted by +0.0711 (+105.18%).

2024 Avg (December) 0.1387

2023 Avg (December) 0.0676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0682	0.0673	0.0679
February	0.0687	0.0677	0.0681
March	0.0685	0.0674	0.0680
April	0.0690	0.0676	0.0681
May	0.0689	0.0670	0.0680
June	0.0677	0.0667	0.0673
July	0.0859	0.0656	0.0668
August	0.1254	0.0898	0.1156
September	0.1284	0.1204	0.1244
October	0.1341	0.1242	0.1315
November	0.1388	0.1316	0.1344
December	0.1403	0.1352	0.1387