2024 ARS to AOA Historical Review

YEARLY HIGH

1.0262 AOA

YEARLY LOW

0.8846 AOA

YEARLY AVERAGE

0.9545 AOA

2024 ARS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.0262. Conversely, the yearly low was recorded on December 30, dropping to 0.8846.

This high-to-low spread represents a total annual volatility of 0.1416 AOA. From a start-to-finish perspective, comparing the January average rate of 1.0156 to the December average rate of 0.8956, the exchange rate registered a net change of -11.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0262 was down 68.26% compared to the 2023 peak of 3.2333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 5,131 AOA

2023 Average 12,368 AOA

Yearly Trough Low 4,423 AOA

Transaction Impact: A difference of 708.12 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0277

0.8835

JanuMarcMayJulySeptNove

ARS to AOA 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 0.9756, compared to 0.9334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 0.9756

H2 Avg (Jul–Dec) 0.9334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0635 AOA (High: 0.9838 / Low: 0.9203). On the other end, March was the most stable month, with a tight range of 0.0151 AOA (High: 0.9883 / Low: 0.9732).

October Spread (Volatile) ±0.0635

March Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0315 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0156) against the same month in 2023 (average: 2.7682), the exchange rate shifted by -1.7525 (-63.31%).

2024 Avg (January) 1.0156

2023 Avg (January) 2.7682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0262	1.0063	1.0156
February	1.0072	0.9843	0.9963
March	0.9883	0.9732	0.9811
April	0.9726	0.9515	0.9629
May	0.9604	0.9433	0.9520
June	0.9562	0.9370	0.9459
July	0.9532	0.9366	0.9456
August	0.9627	0.9353	0.9456
September	0.9759	0.9576	0.9663
October	0.9838	0.9203	0.9348
November	0.9239	0.9024	0.9127
December	0.9034	0.8846	0.8956