2024 MOP to AOA Historical Review

YEARLY HIGH

119.4080 AOA

YEARLY LOW

102.2804 AOA

YEARLY AVERAGE

108.4691 AOA

2024 MOP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 119.4080. Conversely, the yearly low was recorded on February 4, dropping to 102.2804.

This high-to-low spread represents a total annual volatility of 17.1276 AOA. From a start-to-finish perspective, comparing the January average rate of 103.1605 to the December average rate of 114.1083, the exchange rate registered a net change of 10.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 119.4080 was up 14.68% compared to the 2023 peak of 104.1195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 597,040 AOA

2023 Average 425,965 AOA

Yearly Trough Low 511,402 AOA

Transaction Impact: A difference of 85,637.81 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

116.8612

101.8889

JanuMarcMayJulySeptNove

MOP 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 104.0942, compared to 112.8440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.7498 points.

H1 Avg (Jan–Jun) 104.0942

H2 Avg (Jul–Dec) 112.8440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.0927 AOA (High: 119.4080 / Low: 113.3152). On the other end, January was the most stable month, with a tight range of 0.6282 AOA (High: 103.4495 / Low: 102.8214).

October Spread (Volatile) ±6.0927

January Spread (Stable) ±0.6282

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.3138 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.3138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 114.2997) against the same month in 2023 (average: 102.7661), the exchange rate shifted by +11.5336 (+11.22%).

2024 Avg (October) 114.2997

2023 Avg (October) 102.7661

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.4495	102.8214	103.1605
February	103.5003	102.2804	103.1366
March	104.1858	102.7825	103.5958
April	104.1585	103.1702	103.6322
May	106.3935	103.5475	104.8020
June	106.5834	105.5374	106.2378
July	109.1904	106.9063	108.4083
August	113.4574	109.1250	110.8356
September	117.7817	113.6108	115.6135
October	119.4080	113.3152	114.2997
November	114.3189	113.1839	113.7983
December	115.1307	113.7306	114.1083