2024 AOA to GHS Historical Review

YEARLY HIGH

0.0181 GHS

YEARLY LOW

0.0143 GHS

YEARLY AVERAGE

0.0166 GHS

2024 AOA to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0181. Conversely, the yearly low was recorded on January 6, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0038 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0145 to the December average rate of 0.0162, the exchange rate registered a net change of 11.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0181 was down 29.38% compared to the 2023 peak of 0.0256, 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 90 GHS

2023 Average 90 GHS

Yearly Trough Low 72 GHS

Transaction Impact: A difference of 18.78 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0180

0.0142

JanuMarcMayJulySeptNove

AOA to GHS 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 0.0159, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0159

H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0013 GHS (High: 0.0179 / Low: 0.0166). On the other end, July was the most stable month, with a tight range of 0.0003 GHS (High: 0.0178 / Low: 0.0175).

October Spread (Volatile) ±0.0013

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0176) against the same month in 2023 (average: 0.0144), the exchange rate shifted by +0.0032 (+22.20%).

2024 Avg (November) 0.0176

2023 Avg (November) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0148	0.0143	0.0145
February	0.0152	0.0149	0.0150
March	0.0158	0.0152	0.0155
April	0.0164	0.0159	0.0161
May	0.0173	0.0164	0.0169
June	0.0179	0.0172	0.0176
July	0.0178	0.0175	0.0177
August	0.0178	0.0172	0.0175
September	0.0171	0.0167	0.0169
October	0.0179	0.0166	0.0175
November	0.0181	0.0168	0.0176
December	0.0168	0.0159	0.0162