2024 GNF to AOA Historical Review

YEARLY HIGH

0.1100 AOA

YEARLY LOW

0.0961 AOA

YEARLY AVERAGE

0.1012 AOA

2024 GNF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.1100. Conversely, the yearly low was recorded on February 4, dropping to 0.0961.

This high-to-low spread represents a total annual volatility of 0.0139 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0966 to the December average rate of 0.1058, the exchange rate registered a net change of 9.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1100 was up 12.94% compared to the 2023 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 550 AOA

2023 Average 398 AOA

Yearly Trough Low 481 AOA

Transaction Impact: A difference of 69.55 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1085

0.0955

JanuMarcMayJulySeptNove

GNF 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 0.0975, compared to 0.1049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0975

H2 Avg (Jul–Dec) 0.1049

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0049 AOA (High: 0.1100 / Low: 0.1051). On the other end, January was the most stable month, with a tight range of 0.0006 AOA (High: 0.0968 / Low: 0.0962).

October Spread (Volatile) ±0.0049

January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1060) against the same month in 2023 (average: 0.0963), the exchange rate shifted by +0.0097 (+10.10%).

2024 Avg (October) 0.1060

2023 Avg (October) 0.0963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0968	0.0962	0.0966
February	0.0968	0.0961	0.0966
March	0.0976	0.0964	0.0971
April	0.0977	0.0968	0.0973
May	0.0997	0.0970	0.0981
June	0.0996	0.0987	0.0993
July	0.1020	0.1000	0.1013
August	0.1055	0.1017	0.1032
September	0.1092	0.1057	0.1074
October	0.1100	0.1051	0.1060
November	0.1061	0.1052	0.1057
December	0.1067	0.1054	0.1058