YEARLY HIGH
740.9972 AOA
YEARLY LOW
611.2649 AOA
YEARLY AVERAGE
652.6688 AOA

2024 BND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 740.9972. Conversely, the yearly low was recorded on April 28, dropping to 611.2649.

This high-to-low spread represents a total annual volatility of 129.7323 AOA. From a start-to-finish perspective, comparing the January average rate of 622.0575 to the December average rate of 676.5407, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 740.9972 was up 17.71% compared to the 2023 peak of 629.5004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,704,986 AOA
2023 Average 2,553,857 AOA
Yearly Trough Low 3,056,325 AOA
Transaction Impact: A difference of 648,661.40 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

725.7748
606.2039
JanuMarcMayJulySeptNove

BND 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 622.4505, compared to 682.8871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 60.4366 points.

H1 Avg (Jan–Jun) 622.4505
H2 Avg (Jul–Dec) 682.8871

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 54.1123 AOA (High: 740.9972 / Low: 686.8849). On the other end, June was the most stable month, with a tight range of 7.0138 AOA (High: 635.9025 / Low: 628.8887).

October Spread (Volatile) ±54.1123
June Spread (Stable) ±7.0138

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 17.1352 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -17.1352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 698.6753) against the same month in 2023 (average: 604.8062), the exchange rate shifted by +93.8692 (+15.52%).

2024 Avg (October) 698.6753
2023 Avg (October) 604.8062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 627.5080 617.5481 622.0575
February 623.3238 615.6249 618.0159
March 628.1747 616.2361 622.4570
April 622.6423 611.2649 616.1681
May 633.8256 612.9305 623.8688
June 635.9025 628.8887 632.1356
July 653.1864 633.4141 647.5724
August 696.7396 656.4816 676.1509
September 735.3678 698.0127 715.8106
October 740.9972 686.8849 698.6753
November 692.1993 676.5775 682.5728
December 682.3113 669.0003 676.5407