2024 AZN to AOA Historical Review

YEARLY HIGH

561.4706 AOA

YEARLY LOW

487.2215 AOA

YEARLY AVERAGE

512.6647 AOA

2024 AZN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 561.4706. Conversely, the yearly low was recorded on February 19, dropping to 487.2215.

This high-to-low spread represents a total annual volatility of 74.2491 AOA. From a start-to-finish perspective, comparing the January average rate of 488.4041 to the December average rate of 537.2428, the exchange rate registered a net change of 10.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 561.4706 was up 14.65% compared to the 2023 peak of 489.7059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,807,353 AOA

2023 Average 2,019,086 AOA

Yearly Trough Low 2,436,107 AOA

Transaction Impact: A difference of 371,245.59 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

551.5895

482.6599

JanuMarcMayJulySeptNove

AZN 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 492.9879, compared to 532.3414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.3534 points.

H1 Avg (Jan–Jun) 492.9879

H2 Avg (Jul–Dec) 532.3414

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 27.6316 AOA (High: 561.4706 / Low: 533.8390). On the other end, November was the most stable month, with a tight range of 1.6567 AOA (High: 537.3529 / Low: 535.6963).

October Spread (Volatile) ±27.6316

November Spread (Stable) ±1.6567

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 7.4082 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -7.4082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 538.4371) against the same month in 2023 (average: 486.9395), the exchange rate shifted by +51.4977 (+10.58%).

2024 Avg (October) 538.4371

2023 Avg (October) 486.9395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	489.7059	487.2769	488.4041
February	489.7059	487.2215	488.8297
March	492.9412	487.3659	490.6741
April	492.9412	489.7841	491.4197
May	503.8235	490.6235	495.8733
June	503.8235	502.1347	502.7268
July	516.6775	506.0782	512.8088
August	533.8235	516.2853	523.2166
September	554.3333	536.6765	545.8454
October	561.4706	533.8390	538.4371
November	537.3529	535.6963	536.4975
December	540.0000	536.4706	537.2428