YEARLY HIGH
2.4207 ANG
YEARLY LOW
2.2243 ANG
YEARLY AVERAGE
2.3031 ANG

2024 FKP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.4207. Conversely, the yearly low was recorded on April 20, dropping to 2.2243.

This high-to-low spread represents a total annual volatility of 0.1963 ANG. From a start-to-finish perspective, comparing the January average rate of 2.2900 to the December average rate of 2.2763, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4207 was up 2.33% compared to the 2023 peak of 2.3656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,103 ANG
2023 Average 11,205 ANG
Yearly Trough Low 11,122 ANG
Transaction Impact: A difference of 981.70 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3960
2.2407
JanuMarcMayJulySeptNove

FKP to ANG 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 2.2794, compared to 2.3267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 2.2794
H2 Avg (Jul–Dec) 2.3267

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1048 ANG (High: 2.3888 / Low: 2.2839). On the other end, January was the most stable month, with a tight range of 0.0278 ANG (High: 2.3035 / Low: 2.2756).

August Spread (Volatile) ±0.1048
January Spread (Stable) ±0.0278

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 October and November, when the average rate fell by 0.0546 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3831) against the same month in 2023 (average: 2.2320), the exchange rate shifted by +0.1510 (+6.77%).

2024 Avg (September) 2.3831
2023 Avg (September) 2.2320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3035 2.2756 2.2900
February 2.2956 2.2614 2.2774
March 2.3181 2.2602 2.2889
April 2.2847 2.2243 2.2537
May 2.3037 2.2521 2.2767
June 2.3090 2.2753 2.2900
July 2.3435 2.2791 2.3188
August 2.3888 2.2839 2.3313
September 2.4207 2.3491 2.3831
October 2.3905 2.3231 2.3527
November 2.3512 2.2578 2.2981
December 2.3045 2.2528 2.2763