2024 BTN to AOA Historical Review

YEARLY HIGH

11.3820 AOA

YEARLY LOW

9.8988 AOA

YEARLY AVERAGE

10.4173 AOA

2024 BTN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 11.3820. Conversely, the yearly low was recorded on January 2, dropping to 9.8988.

This high-to-low spread represents a total annual volatility of 1.4832 AOA. From a start-to-finish perspective, comparing the January average rate of 9.9934 to the December average rate of 10.7514, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.3820 was up 12.51% compared to the 2023 peak of 10.1163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,910 AOA

2023 Average 41,546 AOA

Yearly Trough Low 49,494 AOA

Transaction Impact: A difference of 7,415.82 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.1798

9.8855

JanuMarcMayJulySeptNove

BTN 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 10.0734, compared to 10.7612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6878 points.

H1 Avg (Jan–Jun) 10.0734

H2 Avg (Jul–Dec) 10.7612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.5924 AOA (High: 11.3820 / Low: 10.7896). On the other end, February was the most stable month, with a tight range of 0.1039 AOA (High: 10.0410 / Low: 9.9371).

October Spread (Volatile) ±0.5924

February Spread (Stable) ±0.1039

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 0.1849 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1849

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 10.8871) against the same month in 2023 (average: 9.9554), the exchange rate shifted by +0.9316 (+9.36%).

2024 Avg (October) 10.8871

2023 Avg (October) 9.9554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0367	9.8988	9.9934
February	10.0410	9.9371	10.0136
March	10.1157	9.9922	10.0561
April	10.0867	9.9815	10.0255
May	10.2670	9.9683	10.1139
June	10.2969	10.1751	10.2380
July	10.5019	10.3049	10.4319
August	10.8664	10.4501	10.6116
September	11.2751	10.8685	11.0719
October	11.3820	10.7896	10.8871
November	10.8629	10.7418	10.8136
December	10.8414	10.6473	10.7514