YEARLY HIGH
0.7288 AOA
YEARLY LOW
0.6288 AOA
YEARLY AVERAGE
0.6655 AOA

2024 IQD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.7288. Conversely, the yearly low was recorded on February 4, dropping to 0.6288.

This high-to-low spread represents a total annual volatility of 0.1000 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6341 to the December average rate of 0.6974, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7288 was up 13.78% compared to the 2023 peak of 0.6405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,644 AOA
2023 Average 2,556 AOA
Yearly Trough Low 3,144 AOA
Transaction Impact: A difference of 500.16 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7156
0.6267
JanuMarcMayJulySeptNove

IQD 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 0.6400, compared to 0.6909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 0.6400
H2 Avg (Jul–Dec) 0.6909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0364 AOA (High: 0.7288 / Low: 0.6925). On the other end, January was the most stable month, with a tight range of 0.0047 AOA (High: 0.6369 / Low: 0.6322).

October Spread (Volatile) ±0.0364
January Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0098 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.6983) against the same month in 2023 (average: 0.6323), the exchange rate shifted by +0.0660 (+10.44%).

2024 Avg (October) 0.6983
2023 Avg (October) 0.6323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6369 0.6322 0.6341
February 0.6357 0.6288 0.6343
March 0.6406 0.6322 0.6373
April 0.6414 0.6351 0.6381
May 0.6538 0.6362 0.6438
June 0.6546 0.6488 0.6524
July 0.6706 0.6570 0.6657
August 0.6960 0.6702 0.6801
September 0.7194 0.6965 0.7082
October 0.7288 0.6925 0.6983
November 0.6983 0.6926 0.6959
December 0.7036 0.6953 0.6974