YEARLY HIGH
0.3342 AOA
YEARLY LOW
0.2954 AOA
YEARLY AVERAGE
0.3095 AOA

2024 CDF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.3342. Conversely, the yearly low was recorded on April 3, dropping to 0.2954.

This high-to-low spread represents a total annual volatility of 0.0389 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3051 to the December average rate of 0.3200, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3342 was down 3.37% compared to the 2023 peak of 0.3459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,671 AOA
2023 Average 1,452 AOA
Yearly Trough Low 1,477 AOA
Transaction Impact: A difference of 194.33 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3284
0.2967
JanuMarcMayJulySeptNove

CDF 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 0.3017, compared to 0.3173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.3017
H2 Avg (Jul–Dec) 0.3173

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0175 AOA (High: 0.3342 / Low: 0.3167). On the other end, November was the most stable month, with a tight range of 0.0032 AOA (High: 0.3206 / Low: 0.3174).

October Spread (Volatile) ±0.0175
November Spread (Stable) ±0.0032

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 0.0052 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.3206) against the same month in 2023 (average: 0.3288), the exchange rate shifted by -0.0082 (-2.50%).

2024 Avg (October) 0.3206
2023 Avg (October) 0.3288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3116 0.3019 0.3051
February 0.3035 0.2998 0.3015
March 0.3024 0.2989 0.3008
April 0.3021 0.2954 0.2993
May 0.3048 0.2986 0.3015
June 0.3064 0.2993 0.3018
July 0.3093 0.3015 0.3066
August 0.3220 0.3059 0.3122
September 0.3302 0.3210 0.3258
October 0.3342 0.3167 0.3206
November 0.3206 0.3174 0.3188
December 0.3240 0.3178 0.3200