2024 BGN to AOA Historical Review

YEARLY HIGH

539.4945 AOA

YEARLY LOW

453.0538 AOA

YEARLY AVERAGE

482.2430 AOA

2024 BGN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 539.4945. Conversely, the yearly low was recorded on April 15, dropping to 453.0538.

This high-to-low spread represents a total annual volatility of 86.4408 AOA. From a start-to-finish perspective, comparing the January average rate of 463.1876 to the December average rate of 489.0861, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 539.4945 was up 13.76% compared to the 2023 peak of 474.2550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,697,473 AOA

2023 Average 1,899,395 AOA

Yearly Trough Low 2,265,269 AOA

Transaction Impact: A difference of 432,203.83 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

533.9561

451.2856

JanuMarcMayJulySeptNove

BGN 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 463.3444, compared to 501.1416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.7973 points.

H1 Avg (Jan–Jun) 463.3444

H2 Avg (Jul–Dec) 501.1416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 37.5299 AOA (High: 539.4945 / Low: 501.9647). On the other end, February was the most stable month, with a tight range of 6.4177 AOA (High: 462.5727 / Low: 456.1551).

October Spread (Volatile) ±37.5299

February Spread (Stable) ±6.4177

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 17.0709 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -17.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 509.9960) against the same month in 2023 (average: 447.1700), the exchange rate shifted by +62.8259 (+14.05%).

2024 Avg (October) 509.9960

2023 Avg (October) 447.1700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	468.4204	460.2344	463.1876
February	462.5727	456.1551	458.5960
March	467.5818	459.7906	463.7628
April	465.7644	453.0538	458.1748
May	474.9889	456.3689	466.0388
June	476.5783	466.7502	470.3060
July	489.1055	472.2952	483.7296
August	518.3764	484.1812	501.3831
September	538.1395	516.3140	527.0669
October	539.4945	501.9647	509.9960
November	509.0916	486.0691	495.5881
December	494.4027	483.9688	489.0861