2024 CAD to AOA Historical Review

YEARLY HIGH

706.5686 AOA

YEARLY LOW

604.9289 AOA

YEARLY AVERAGE

635.9703 AOA

2024 CAD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 706.5686. Conversely, the yearly low was recorded on April 15, dropping to 604.9289.

This high-to-low spread represents a total annual volatility of 101.6397 AOA. From a start-to-finish perspective, comparing the January average rate of 618.9237 to the December average rate of 640.4454, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 706.5686 was up 12.08% compared to the 2023 peak of 630.4420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,532,843 AOA

2023 Average 2,543,388 AOA

Yearly Trough Low 3,024,644 AOA

Transaction Impact: A difference of 508,198.60 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

692.3315

603.3964

JanuMarcMayJulySeptNove

CAD 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 617.0177, compared to 654.9229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.9053 points.

H1 Avg (Jan–Jun) 617.0177

H2 Avg (Jul–Dec) 654.9229

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 52.3991 AOA (High: 706.5686 / Low: 654.1695). On the other end, June was the most stable month, with a tight range of 7.0872 AOA (High: 627.8282 / Low: 620.7410).

October Spread (Volatile) ±52.3991

June Spread (Stable) ±7.0872

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 19.6141 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -19.6141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 665.3061) against the same month in 2023 (average: 603.6630), the exchange rate shifted by +61.6431 (+10.21%).

2024 Avg (October) 665.3061

2023 Avg (October) 603.6630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	626.5812	614.0729	618.9237
February	621.6053	610.1957	615.8108
March	620.3042	609.6108	616.2211
April	618.0041	604.9289	610.8076
May	627.8239	609.2010	616.7809
June	627.8282	620.7410	623.5619
July	642.5905	626.2250	635.6374
August	674.0974	632.2901	650.9600
September	697.5239	675.6546	684.9202
October	706.5686	654.1695	665.3061
November	658.7372	646.7397	652.2682
December	651.5669	632.4769	640.4454