2024 MUR to AOA Historical Review

YEARLY HIGH

20.7136 AOA

YEARLY LOW

17.4676 AOA

YEARLY AVERAGE

18.8681 AOA

2024 MUR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 20.7136. Conversely, the yearly low was recorded on April 15, dropping to 17.4676.

This high-to-low spread represents a total annual volatility of 3.2460 AOA. From a start-to-finish perspective, comparing the January average rate of 18.5914 to the December average rate of 19.4984, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.7136 was up 9.30% compared to the 2023 peak of 18.9503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,568 AOA

2023 Average 76,233 AOA

Yearly Trough Low 87,338 AOA

Transaction Impact: A difference of 16,229.77 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.3943

17.7690

JanuMarcMayJulySeptNove

MUR 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 18.2519, compared to 19.4844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2325 points.

H1 Avg (Jan–Jun) 18.2519

H2 Avg (Jul–Dec) 19.4844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.7367 AOA (High: 19.7277 / Low: 17.9910). On the other end, December was the most stable month, with a tight range of 0.2730 AOA (High: 19.6484 / Low: 19.3754).

March Spread (Volatile) ±1.7367

December Spread (Stable) ±0.2730

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4661 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 19.7982) against the same month in 2023 (average: 18.6754), the exchange rate shifted by +1.1228 (+6.01%).

2024 Avg (October) 19.7982

2023 Avg (October) 18.6754

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8950	18.1346	18.5914
February	18.5095	17.6686	18.1252
March	19.7277	17.9910	18.1801
April	18.1582	17.4676	17.9878
May	18.6115	18.0397	18.2824
June	18.6840	18.0854	18.3444
July	18.8285	18.2839	18.6543
August	19.6453	18.7883	19.2011
September	20.5237	19.6251	20.1756
October	20.7136	19.5041	19.7982
November	19.8782	19.2494	19.5788
December	19.6484	19.3754	19.4984