2024 CNY to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 135.6074. Conversely, the yearly low was recorded on April 11, dropping to 115.0558.
This high-to-low spread represents a total annual volatility of 20.5517 AOA. From a start-to-finish perspective, comparing the January average rate of 116.7928 to the December average rate of 125.4295, the exchange rate registered a net change of 7.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 135.6074 was up 15.33% compared to the 2023 peak of 117.5797, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 116.7522, compared to 126.1522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 7.9514 AOA (High: 135.6074 / Low: 127.6560). On the other end, December was the most stable month, with a tight range of 1.0356 AOA (High: 125.9825 / Low: 124.9469).
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 October and November, when the average rate fell by 2.5438 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 129.1194) against the same month in 2023 (average: 113.7970), the exchange rate shifted by +15.3224 (+13.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.3461 | 115.4147 | 116.7928 |
| February | 117.1666 | 115.0672 | 116.1019 |
| March | 117.1021 | 115.0741 | 115.9422 |
| April | 118.0286 | 115.0558 | 115.6000 |
| May | 120.5154 | 115.3084 | 117.6386 |
| June | 120.5336 | 117.4471 | 118.4377 |
| July | 122.2383 | 118.3744 | 120.1363 |
| August | 127.9412 | 121.1636 | 124.4755 |
| September | 134.4068 | 128.1823 | 131.1768 |
| October | 135.6074 | 127.6560 | 129.1194 |
| November | 128.3339 | 125.7012 | 126.5755 |
| December | 125.9825 | 124.9469 | 125.4295 |