2024 NZD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NZD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NZD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 598.7287. Conversely, the yearly low was recorded on April 30, dropping to 490.5008.
This high-to-low spread represents a total annual volatility of 108.2279 AOA. From a start-to-finish perspective, comparing the January average rate of 512.7588 to the December average rate of 524.0918, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 598.7287 was up 13.33% compared to the 2023 peak of 528.3054, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NZD to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 510.4012, compared to 544.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.6604 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 55.6164 AOA (High: 598.7287 / Low: 543.1123). On the other end, June was the most stable month, with a tight range of 10.4161 AOA (High: 529.7515 / Low: 519.3354).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 21.5622 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 556.2487) against the same month in 2023 (average: 487.9934), the exchange rate shifted by +68.2554 (+13.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 524.0007 | 504.2475 | 512.7588 |
| February | 515.4467 | 503.1434 | 509.2576 |
| March | 516.3007 | 498.4365 | 506.9290 |
| April | 506.9877 | 490.5008 | 497.4723 |
| May | 526.8331 | 496.3028 | 511.7617 |
| June | 529.7515 | 519.3354 | 524.2277 |
| July | 535.8935 | 512.8266 | 525.9290 |
| August | 567.1086 | 520.9719 | 541.4768 |
| September | 598.4025 | 565.9996 | 577.8109 |
| October | 598.7287 | 543.1123 | 556.2487 |
| November | 548.7788 | 530.4618 | 538.8120 |
| December | 538.8480 | 510.1045 | 524.0918 |