2024 MMK to AOA Historical Review

YEARLY HIGH

0.4550 AOA

YEARLY LOW

0.2688 AOA

YEARLY AVERAGE

0.4118 AOA

2024 MMK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.4550. Conversely, the yearly low was recorded on July 21, dropping to 0.2688.

This high-to-low spread represents a total annual volatility of 0.1862 AOA. From a start-to-finish perspective, comparing the January average rate of 0.3955 to the December average rate of 0.4353, the exchange rate registered a net change of 10.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4550 was up 13.82% compared to the 2023 peak of 0.3997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,275 AOA

2023 Average 1,635 AOA

Yearly Trough Low 1,344 AOA

Transaction Impact: A difference of 931.03 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4476

0.3836

JanuMarcMayJulySeptNove

MMK 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 0.3968, compared to 0.4269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0302 points.

H1 Avg (Jan–Jun) 0.3968

H2 Avg (Jul–Dec) 0.4269

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1499 AOA (High: 0.4187 / Low: 0.2688). On the other end, November was the most stable month, with a tight range of 0.0013 AOA (High: 0.4354 / Low: 0.4341).

July Spread (Volatile) ±0.1499

November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0094 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4363) against the same month in 2023 (average: 0.3945), the exchange rate shifted by +0.0418 (+10.60%).

2024 Avg (October) 0.4363

2023 Avg (October) 0.3945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3967	0.3941	0.3955
February	0.3969	0.3922	0.3957
March	0.3996	0.3944	0.3976
April	0.4001	0.3962	0.3981
May	0.4080	0.3969	0.4016
June	0.4086	0.3439	0.3922
July	0.4187	0.2688	0.3889
August	0.4326	0.4183	0.4240
September	0.4492	0.4349	0.4423
October	0.4550	0.4326	0.4363
November	0.4354	0.4341	0.4347
December	0.4376	0.4347	0.4353