2024 LAK to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LAK to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LAK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.0432. Conversely, the yearly low was recorded on June 27, dropping to 0.0387.
This high-to-low spread represents a total annual volatility of 0.0046 AOA. From a start-to-finish perspective, comparing the January average rate of 0.0402 to the December average rate of 0.0417, the exchange rate registered a net change of 3.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 0.0432 was down 1.75% compared to the 2023 peak of 0.0440, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LAK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LAK to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0397, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.0021 AOA (High: 0.0432 / Low: 0.0411). On the other end, November was the most stable month, with a tight range of 0.0003 AOA (High: 0.0417 / Low: 0.0413).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 0.0416) against the same month in 2023 (average: 0.0402), the exchange rate shifted by +0.0014 (+3.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0405 | 0.0401 | 0.0402 |
| February | 0.0401 | 0.0397 | 0.0399 |
| March | 0.0401 | 0.0397 | 0.0399 |
| April | 0.0397 | 0.0390 | 0.0393 |
| May | 0.0399 | 0.0391 | 0.0395 |
| June | 0.0399 | 0.0387 | 0.0392 |
| July | 0.0397 | 0.0390 | 0.0394 |
| August | 0.0412 | 0.0396 | 0.0402 |
| September | 0.0427 | 0.0413 | 0.0420 |
| October | 0.0432 | 0.0411 | 0.0416 |
| November | 0.0417 | 0.0413 | 0.0416 |
| December | 0.0421 | 0.0416 | 0.0417 |