2024 AOA to ZAR Historical Review

YEARLY HIGH

0.0233 ZAR

YEARLY LOW

0.0181 ZAR

YEARLY AVERAGE

0.0211 ZAR

2024 AOA to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0233. Conversely, the yearly low was recorded on September 29, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0051 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0200, the exchange rate registered a net change of -11.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0233 was down 38.62% compared to the 2023 peak of 0.0379, 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 116 ZAR

2023 Average 141 ZAR

Yearly Trough Low 91 ZAR

Transaction Impact: A difference of 25.62 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0233

0.0186

JanuMarcMayJulySeptNove

AOA to ZAR 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 0.0223, compared to 0.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0223

H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0018 ZAR (High: 0.0213 / Low: 0.0196). On the other end, March was the most stable month, with a tight range of 0.0008 ZAR (High: 0.0230 / Low: 0.0222).

August Spread (Volatile) ±0.0018

March Spread (Stable) ±0.0008

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0229) against the same month in 2023 (average: 0.0355), the exchange rate shifted by -0.0126 (-35.52%).

2024 Avg (February) 0.0229

2023 Avg (February) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0231	0.0220	0.0226
February	0.0233	0.0223	0.0229
March	0.0230	0.0222	0.0226
April	0.0231	0.0221	0.0226
May	0.0223	0.0212	0.0218
June	0.0222	0.0210	0.0215
July	0.0216	0.0205	0.0209
August	0.0213	0.0196	0.0203
September	0.0196	0.0181	0.0190
October	0.0195	0.0182	0.0192
November	0.0200	0.0190	0.0197
December	0.0207	0.0194	0.0200