YEARLY HIGH
2532.1526 AOA
YEARLY LOW
2192.6202 AOA
YEARLY AVERAGE
2312.8481 AOA

2024 BHD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 2532.1526. Conversely, the yearly low was recorded on February 4, dropping to 2192.6202.

This high-to-low spread represents a total annual volatility of 339.5324 AOA. From a start-to-finish perspective, comparing the January average rate of 2203.3113 to the December average rate of 2422.8366, the exchange rate registered a net change of 9.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2532.1526 was up 13.95% compared to the 2023 peak of 2222.1451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,660,763 AOA
2023 Average 9,108,782 AOA
Yearly Trough Low 10,963,101 AOA
Transaction Impact: A difference of 1,697,662.22 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2488.8992
2177.3487
JanuMarcMayJulySeptNove

BHD 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 2224.1013, compared to 2401.5949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 177.4936 points.

H1 Avg (Jan–Jun) 2224.1013
H2 Avg (Jul–Dec) 2401.5949

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 124.1290 AOA (High: 2532.1526 / Low: 2408.0237). On the other end, January was the most stable month, with a tight range of 12.6731 AOA (High: 2208.7208 / Low: 2196.0477).

October Spread (Volatile) ±124.1290
January Spread (Stable) ±12.6731

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 34.2777 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -34.2777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2428.6590) against the same month in 2023 (average: 2195.8685), the exchange rate shifted by +232.7905 (+10.60%).

2024 Avg (October) 2428.6590
2023 Avg (October) 2195.8685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2208.7208 2196.0477 2203.3113
February 2214.4575 2192.6202 2204.8512
March 2225.6336 2198.8142 2214.5046
April 2223.0416 2203.7693 2216.6712
May 2274.3205 2210.8653 2237.2920
June 2277.0414 2255.2222 2267.9777
July 2330.3212 2282.6135 2313.4366
August 2411.1719 2328.6081 2361.6024
September 2502.3744 2421.6581 2462.9367
October 2532.1526 2408.0237 2428.6590
November 2428.6201 2406.8155 2420.0984
December 2442.7302 2416.2013 2422.8366