2024 BOB to AOA Historical Review

YEARLY HIGH

138.1928 AOA

YEARLY LOW

119.2007 AOA

YEARLY AVERAGE

126.0907 AOA

2024 BOB to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 138.1928. Conversely, the yearly low was recorded on February 4, dropping to 119.2007.

This high-to-low spread represents a total annual volatility of 18.9921 AOA. From a start-to-finish perspective, comparing the January average rate of 120.2017 to the December average rate of 132.1735, 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 138.1928 was up 13.76% compared to the 2023 peak of 121.4746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 690,964 AOA

2023 Average 496,931 AOA

Yearly Trough Low 596,003 AOA

Transaction Impact: A difference of 94,960.70 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

135.6257

118.7996

JanuMarcMayJulySeptNove

BOB 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 121.2647, compared to 130.9167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6520 points.

H1 Avg (Jan–Jun) 121.2647

H2 Avg (Jul–Dec) 130.9167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 7.1420 AOA (High: 138.1928 / Low: 131.0508). On the other end, January was the most stable month, with a tight range of 0.8010 AOA (High: 120.5592 / Low: 119.7582).

October Spread (Volatile) ±7.1420

January Spread (Stable) ±0.8010

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 1.9336 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.9336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 132.2899) against the same month in 2023 (average: 119.8846), the exchange rate shifted by +12.4053 (+10.35%).

2024 Avg (October) 132.2899

2023 Avg (October) 119.8846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	120.5592	119.7582	120.2017
February	120.6183	119.2007	120.2168
March	121.4516	119.8563	120.7637
April	121.3430	119.9690	120.7374
May	123.7422	120.6061	122.0021
June	124.1065	122.8535	123.6664
July	127.1516	124.5062	126.1896
August	131.9127	127.0096	128.8117
September	136.3927	132.0378	134.2235
October	138.1928	131.0508	132.2899
November	132.6538	130.8632	131.8122
December	133.3791	131.5448	132.1735