2024 LKR to AOA Historical Review

YEARLY HIGH

3.2369 AOA

YEARLY LOW

2.5550 AOA

YEARLY AVERAGE

2.8919 AOA

2024 LKR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 3.2369. Conversely, the yearly low was recorded on January 1, dropping to 2.5550.

This high-to-low spread represents a total annual volatility of 0.6819 AOA. From a start-to-finish perspective, comparing the January average rate of 2.5871 to the December average rate of 3.1311, the exchange rate registered a net change of 21.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.2369 was up 20.17% compared to the 2023 peak of 2.6936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,184 AOA

2023 Average 10,533 AOA

Yearly Trough Low 12,775 AOA

Transaction Impact: A difference of 3,409.31 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1855

2.5327

JanuMarcMayJulySeptNove

LKR 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 2.7346, compared to 3.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3146 points.

H1 Avg (Jan–Jun) 2.7346

H2 Avg (Jul–Dec) 3.0492

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1477 AOA (High: 3.2369 / Low: 3.0891). On the other end, April was the most stable month, with a tight range of 0.0424 AOA (High: 2.8135 / Low: 2.7711).

October Spread (Volatile) ±0.1477

April Spread (Stable) ±0.0424

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0051 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3.1183) against the same month in 2023 (average: 2.5474), the exchange rate shifted by +0.5709 (+22.41%).

2024 Avg (October) 3.1183

2023 Avg (October) 2.5474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6362	2.5550	2.5871
February	2.6813	2.6375	2.6608
March	2.7928	2.6831	2.7363
April	2.8135	2.7711	2.7948
May	2.8480	2.7706	2.8168
June	2.8488	2.7888	2.8117
July	2.9046	2.8152	2.8718
August	3.0406	2.8946	2.9651
September	3.1805	3.0399	3.0845
October	3.2369	3.0891	3.1183
November	3.1472	3.0977	3.1242
December	3.1524	3.0763	3.1311