2024 EGP to AOA Historical Review

YEARLY HIGH

27.0183 AOA

YEARLY LOW

16.8151 AOA

YEARLY AVERAGE

19.7325 AOA

2024 EGP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 27.0183. Conversely, the yearly low was recorded on March 6, dropping to 16.8151.

This high-to-low spread represents a total annual volatility of 10.2032 AOA. From a start-to-finish perspective, comparing the January average rate of 26.8849 to the December average rate of 18.0628, the exchange rate registered a net change of -32.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.0183 was down 0.51% compared to the 2023 peak of 27.1572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135,091 AOA

2023 Average 111,825 AOA

Yearly Trough Low 84,075 AOA

Transaction Impact: A difference of 51,016.10 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.8263

16.5384

JanuMarcMayJulySeptNove

EGP 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 20.9954, compared to 18.4696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5258 points.

H1 Avg (Jan–Jun) 20.9954

H2 Avg (Jul–Dec) 18.4696

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 10.1392 AOA (High: 26.9543 / Low: 16.8151). On the other end, January was the most stable month, with a tight range of 0.2763 AOA (High: 27.0183 / Low: 26.7419).

March Spread (Volatile) ±10.1392

January Spread (Stable) ±0.2763

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 February and March, when the average rate fell by 7.9082 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -7.9082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 26.8849) against the same month in 2023 (average: 17.6777), the exchange rate shifted by +9.2072 (+52.08%).

2024 Avg (January) 26.8849

2023 Avg (January) 17.6777

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.0183	26.7419	26.8849
February	26.9479	26.6447	26.8857
March	26.9543	16.8151	18.9775
April	17.6745	17.2656	17.4791
May	18.1992	17.4167	17.8309
June	18.1638	17.6759	17.9145
July	18.2545	17.8137	18.0962
August	18.6806	17.8221	18.1901
September	19.5112	18.7979	19.1539
October	19.7653	18.6311	18.8413
November	18.6827	18.3407	18.4731
December	18.3788	17.8554	18.0628