2024 BND to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |