YEARLY HIGH
0.7402 XAF
YEARLY LOW
0.6219 XAF
YEARLY AVERAGE
0.6969 XAF

2024 AOA to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.7402. Conversely, the yearly low was recorded on October 1, dropping to 0.6219.

This high-to-low spread represents a total annual volatility of 0.1183 XAF. From a start-to-finish perspective, comparing the January average rate of 0.7240 to the December average rate of 0.6859, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7402 was down 40.20% compared to the 2023 peak of 1.2379, 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 3,701 XAF
2023 Average 4,662 XAF
Yearly Trough Low 3,110 XAF
Transaction Impact: A difference of 591.45 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7418
0.6267
JanuMarcMayJulySeptNove

AOA to XAF 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 0.7239, compared to 0.6699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0541 points.

H1 Avg (Jan–Jun) 0.7239
H2 Avg (Jul–Dec) 0.6699

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0464 XAF (High: 0.6684 / Low: 0.6219). On the other end, February was the most stable month, with a tight range of 0.0108 XAF (High: 0.7358 / Low: 0.7250).

October Spread (Volatile) ±0.0464
February Spread (Stable) ±0.0108

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 0.0329 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7322) against the same month in 2023 (average: 1.1761), the exchange rate shifted by -0.4439 (-37.74%).

2024 Avg (April) 0.7322
2023 Avg (April) 1.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7301 0.7162 0.7240
February 0.7358 0.7250 0.7313
March 0.7294 0.7172 0.7232
April 0.7402 0.7206 0.7322
May 0.7316 0.7054 0.7197
June 0.7188 0.7030 0.7132
July 0.7101 0.6851 0.6932
August 0.6929 0.6474 0.6692
September 0.6496 0.6232 0.6363
October 0.6684 0.6219 0.6578
November 0.6896 0.6583 0.6768
December 0.6949 0.6783 0.6859