2024 JOD to AOA Historical Review

YEARLY HIGH

1346.8322 AOA

YEARLY LOW

1168.0395 AOA

YEARLY AVERAGE

1229.4375 AOA

2024 JOD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 1346.8322. Conversely, the yearly low was recorded on January 15, dropping to 1168.0395.

This high-to-low spread represents a total annual volatility of 178.7928 AOA. From a start-to-finish perspective, comparing the January average rate of 1170.6035 to the December average rate of 1287.7425, the exchange rate registered a net change of 10.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1346.8322 was up 14.75% compared to the 2023 peak of 1173.6924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,734,161 AOA

2023 Average 4,840,297 AOA

Yearly Trough Low 5,840,197 AOA

Transaction Impact: A difference of 893,963.82 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1323.2870

1156.7232

JanuMarcMayJulySeptNove

JOD 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 1182.2433, compared to 1276.6317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 94.3883 points.

H1 Avg (Jan–Jun) 1182.2433

H2 Avg (Jul–Dec) 1276.6317

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 66.2815 AOA (High: 1346.8322 / Low: 1280.5508). On the other end, June was the most stable month, with a tight range of 3.8919 AOA (High: 1208.2099 / Low: 1204.3180).

October Spread (Volatile) ±66.2815

June Spread (Stable) ±3.8919

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 17.9835 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -17.9835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1291.4232) against the same month in 2023 (average: 1166.8393), the exchange rate shifted by +124.5839 (+10.68%).

2024 Avg (October) 1291.4232

2023 Avg (October) 1166.8393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1173.5269	1168.0395	1170.6035
February	1174.0234	1168.0673	1171.9341
March	1182.1131	1168.5783	1177.0196
April	1182.1131	1174.5422	1178.8893
May	1208.2099	1176.5552	1189.2466
June	1208.2099	1204.3180	1205.7669
July	1239.3843	1213.7881	1230.0767
August	1280.5136	1238.2689	1255.0478
September	1329.7117	1287.3571	1309.4067
October	1346.8322	1280.5508	1291.4232
November	1288.2527	1284.2810	1286.0932
December	1294.5988	1285.7747	1287.7425