YEARLY HIGH
62.1419 AOA
YEARLY LOW
53.5398 AOA
YEARLY AVERAGE
56.5899 AOA

2024 MVR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 62.1419. Conversely, the yearly low was recorded on March 19, dropping to 53.5398.

This high-to-low spread represents a total annual volatility of 8.6021 AOA. From a start-to-finish perspective, comparing the January average rate of 53.9212 to the December average rate of 59.2738, the exchange rate registered a net change of 9.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 62.1419 was up 14.26% compared to the 2023 peak of 54.3840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310,710 AOA
2023 Average 223,299 AOA
Yearly Trough Low 267,699 AOA
Transaction Impact: A difference of 43,010.49 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

61.0812
53.2703
JanuMarcMayJulySeptNove

MVR 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 54.3688, compared to 58.8111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4422 points.

H1 Avg (Jan–Jun) 54.3688
H2 Avg (Jul–Dec) 58.8111

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 3.8945 AOA (High: 57.8591 / Low: 53.9646). On the other end, January was the most stable month, with a tight range of 0.2801 AOA (High: 54.0584 / Low: 53.7783).

May Spread (Volatile) ±3.8945
January Spread (Stable) ±0.2801

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8151 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.8151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 59.6151) against the same month in 2023 (average: 53.7956), the exchange rate shifted by +5.8195 (+10.82%).

2024 Avg (October) 59.6151
2023 Avg (October) 53.7956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.0584 53.7783 53.9212
February 54.2345 53.7842 53.9803
March 54.2829 53.5398 54.0624
April 54.2395 53.8572 54.0720
May 57.8591 53.9646 54.6623
June 55.9207 55.4018 55.5147
July 57.1844 55.8658 56.6253
August 59.0820 56.9806 57.8353
September 61.3520 59.3978 60.4303
October 62.1419 59.1030 59.6151
November 59.3618 58.9632 59.0864
December 59.6104 59.0121 59.2738