2024 HRK to AOA Historical Review

YEARLY HIGH

139.9845 AOA

YEARLY LOW

117.6269 AOA

YEARLY AVERAGE

125.1582 AOA

2024 HRK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 139.9845. Conversely, the yearly low was recorded on April 15, dropping to 117.6269.

This high-to-low spread represents a total annual volatility of 22.3576 AOA. From a start-to-finish perspective, comparing the January average rate of 120.2232 to the December average rate of 126.9313, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 139.9845 was up 13.73% compared to the 2023 peak of 123.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 699,922 AOA

2023 Average 492,947 AOA

Yearly Trough Low 588,135 AOA

Transaction Impact: A difference of 111,787.87 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

138.6033

117.0918

JanuMarcMayJulySeptNove

HRK 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 120.2509, compared to 130.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.8146 points.

H1 Avg (Jan–Jun) 120.2509

H2 Avg (Jul–Dec) 130.0655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 9.7281 AOA (High: 139.9845 / Low: 130.2564). On the other end, February was the most stable month, with a tight range of 1.7539 AOA (High: 120.0791 / Low: 118.3251).

October Spread (Volatile) ±9.7281

February Spread (Stable) ±1.7539

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 September and October, when the average rate fell by 4.4375 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.4375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 132.3732) against the same month in 2023 (average: 116.0698), the exchange rate shifted by +16.3033 (+14.05%).

2024 Avg (October) 132.3732

2023 Avg (October) 116.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	121.5644	119.2722	120.2232
February	120.0791	118.3251	119.0401
March	121.3777	119.3648	120.3418
April	120.8128	117.6269	118.8844
May	123.3231	118.9767	120.9654
June	123.8412	121.1224	122.0505
July	127.0767	122.5971	125.5584
August	134.4886	125.6641	130.1312
September	139.6905	134.0077	136.8107
October	139.9845	130.2564	132.3732
November	132.2079	126.1548	128.5885
December	128.2779	125.3197	126.9313