2024 MWK to AOA Historical Review

YEARLY HIGH

0.5505 AOA

YEARLY LOW

0.4795 AOA

YEARLY AVERAGE

0.5059 AOA

2024 MWK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.5505. Conversely, the yearly low was recorded on April 3, dropping to 0.4795.

This high-to-low spread represents a total annual volatility of 0.0709 AOA. From a start-to-finish perspective, comparing the January average rate of 0.4935 to the December average rate of 0.5268, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5505 was down 32.11% compared to the 2023 peak of 0.8109, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,752 AOA

2023 Average 3,049 AOA

Yearly Trough Low 2,398 AOA

Transaction Impact: A difference of 354.67 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5402

0.4763

JanuMarcMayJulySeptNove

MWK 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 0.4899, compared to 0.5219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0320 points.

H1 Avg (Jan–Jun) 0.4899

H2 Avg (Jul–Dec) 0.5219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0273 AOA (High: 0.5505 / Low: 0.5231). On the other end, January was the most stable month, with a tight range of 0.0041 AOA (High: 0.4956 / Low: 0.4916).

October Spread (Volatile) ±0.0273

January Spread (Stable) ±0.0041

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 March and April, when the average rate fell by 0.0096 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.5274) against the same month in 2023 (average: 0.7216), the exchange rate shifted by -0.1942 (-26.91%).

2024 Avg (October) 0.5274

2023 Avg (October) 0.7216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4956	0.4916	0.4935
February	0.4949	0.4893	0.4936
March	0.4988	0.4804	0.4912
April	0.4846	0.4795	0.4817
May	0.4941	0.4804	0.4862
June	0.4946	0.4902	0.4930
July	0.5065	0.4964	0.5029
August	0.5258	0.5064	0.5135
September	0.5433	0.5262	0.5348
October	0.5505	0.5231	0.5274
November	0.5275	0.5231	0.5257
December	0.5315	0.5253	0.5268