2024 BAM to AOA Historical Review

YEARLY HIGH

540.7938 AOA

YEARLY LOW

454.2894 AOA

YEARLY AVERAGE

482.3104 AOA

2024 BAM to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 540.7938. Conversely, the yearly low was recorded on April 22, dropping to 454.2894.

This high-to-low spread represents a total annual volatility of 86.5044 AOA. From a start-to-finish perspective, comparing the January average rate of 463.4396 to the December average rate of 489.3984, the exchange rate registered a net change of 5.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 540.7938 was up 13.83% compared to the 2023 peak of 475.0780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,703,969 AOA

2023 Average 1,899,502 AOA

Yearly Trough Low 2,271,447 AOA

Transaction Impact: A difference of 432,521.95 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

534.0600

451.7074

JanuMarcMayJulySeptNove

BAM 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 463.4500, compared to 501.1709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.7208 points.

H1 Avg (Jan–Jun) 463.4500

H2 Avg (Jul–Dec) 501.1709

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 38.7473 AOA (High: 540.7938 / Low: 502.0465). On the other end, February was the most stable month, with a tight range of 7.8887 AOA (High: 463.1786 / Low: 455.2899).

October Spread (Volatile) ±38.7473

February Spread (Stable) ±7.8887

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 17.1212 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -17.1212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 510.0761) against the same month in 2023 (average: 447.3212), the exchange rate shifted by +62.7549 (+14.03%).

2024 Avg (October) 510.0761

2023 Avg (October) 447.3212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	468.6722	460.6068	463.4396
February	463.1786	455.2899	458.8166
March	467.5818	459.5295	463.7154
April	465.3797	454.2894	458.5701
May	475.3382	456.3604	465.8261
June	476.3581	466.9122	470.3323
July	489.3721	471.6439	483.6817
August	518.2621	484.3894	500.7372
September	539.0992	516.2558	527.1973
October	540.7938	502.0465	510.0761
November	508.0325	486.0414	495.9344
December	493.7728	484.3677	489.3984