YEARLY HIGH
0.0820 GMD
YEARLY LOW
0.0727 GMD
YEARLY AVERAGE
0.0790 GMD

2024 AOA to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 0.0820. Conversely, the yearly low was recorded on September 29, dropping to 0.0727.

This high-to-low spread represents a total annual volatility of 0.0094 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0810 to the December average rate of 0.0786, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0820 was down 33.92% compared to the 2023 peak of 0.1242, 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 410 GMD
2023 Average 477 GMD
Yearly Trough Low 363 GMD
Transaction Impact: A difference of 46.77 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0821
0.0743
JanuMarcMayJulySeptNove

AOA to GMD 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 0.0808, compared to 0.0773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0808
H2 Avg (Jul–Dec) 0.0773

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0049 GMD (High: 0.0776 / Low: 0.0727). On the other end, June was the most stable month, with a tight range of 0.0003 GMD (High: 0.0794 / Low: 0.0791).

September Spread (Volatile) ±0.0049
June Spread (Stable) ±0.0003

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 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0814) against the same month in 2023 (average: 0.1213), the exchange rate shifted by -0.0399 (-32.90%).

2024 Avg (March) 0.0814
2023 Avg (March) 0.1213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0812 0.0808 0.0810
February 0.0820 0.0809 0.0813
March 0.0820 0.0810 0.0814
April 0.0815 0.0811 0.0813
May 0.0813 0.0791 0.0804
June 0.0794 0.0791 0.0793
July 0.0791 0.0774 0.0778
August 0.0803 0.0774 0.0785
September 0.0776 0.0727 0.0750
October 0.0774 0.0729 0.0757
November 0.0785 0.0772 0.0780
December 0.0789 0.0777 0.0786