YEARLY HIGH
0.3285 AOA
YEARLY LOW
0.2894 AOA
YEARLY AVERAGE
0.3021 AOA

2024 BIF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.3285. Conversely, the yearly low was recorded on March 5, dropping to 0.2894.

This high-to-low spread represents a total annual volatility of 0.0391 AOA. From a start-to-finish perspective, comparing the January average rate of 0.2910 to the December average rate of 0.3098, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3285 was up 11.19% compared to the 2023 peak of 0.2955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,643 AOA
2023 Average 1,334 AOA
Yearly Trough Low 1,447 AOA
Transaction Impact: A difference of 195.68 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3237
0.2876
JanuMarcMayJulySeptNove

BIF 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 0.2926, compared to 0.3116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.2926
H2 Avg (Jul–Dec) 0.3116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0204 AOA (High: 0.3285 / Low: 0.3081). On the other end, February was the most stable month, with a tight range of 0.0021 AOA (High: 0.2916 / Low: 0.2895).

October Spread (Volatile) ±0.0204
February Spread (Stable) ±0.0021

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 0.0055 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.3151) against the same month in 2023 (average: 0.2917), the exchange rate shifted by +0.0234 (+8.04%).

2024 Avg (October) 0.3151
2023 Avg (October) 0.2917

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2921 0.2898 0.2910
February 0.2916 0.2895 0.2906
March 0.2933 0.2894 0.2917
April 0.2931 0.2902 0.2916
May 0.2979 0.2905 0.2937
June 0.2985 0.2948 0.2971
July 0.3051 0.2990 0.3028
August 0.3153 0.3041 0.3088
September 0.3256 0.3155 0.3206
October 0.3285 0.3081 0.3151
November 0.3154 0.3079 0.3122
December 0.3152 0.3080 0.3098