2024 GMD to AOA Historical Review

YEARLY HIGH

13.7572 AOA

YEARLY LOW

12.1886 AOA

YEARLY AVERAGE

12.6629 AOA

2024 GMD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 13.7572. Conversely, the yearly low was recorded on March 5, dropping to 12.1886.

This high-to-low spread represents a total annual volatility of 1.5685 AOA. From a start-to-finish perspective, comparing the January average rate of 12.3412 to the December average rate of 12.7184, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.7572 was down 0.80% compared to the 2023 peak of 13.8680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,786 AOA

2023 Average 54,997 AOA

Yearly Trough Low 60,943 AOA

Transaction Impact: A difference of 7,842.75 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.4474

12.1773

JanuMarcMayJulySeptNove

GMD 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 12.3791, compared to 12.9467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5676 points.

H1 Avg (Jan–Jun) 12.3791

H2 Avg (Jul–Dec) 12.9467

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.8682 AOA (High: 13.7572 / Low: 12.8890). On the other end, June was the most stable month, with a tight range of 0.0424 AOA (High: 12.6374 / Low: 12.5950).

September Spread (Volatile) ±0.8682

June Spread (Stable) ±0.0424

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3941 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 13.3415) against the same month in 2023 (average: 13.4065), the exchange rate shifted by -0.0650 (-0.48%).

2024 Avg (September) 13.3415

2023 Avg (September) 13.4065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3728	12.3185	12.3412
February	12.3597	12.2020	12.2929
March	12.3417	12.1886	12.2831
April	12.3371	12.2626	12.3070
May	12.6374	12.3063	12.4386
June	12.6374	12.5950	12.6120
July	12.9225	12.6382	12.8526
August	12.9214	12.4589	12.7361
September	13.7572	12.8890	13.3415
October	13.7157	12.9270	13.2130
November	12.9455	12.7368	12.8188
December	12.8700	12.6672	12.7184