2024 PGK to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PGK to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PGK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 241.9003. Conversely, the yearly low was recorded on May 12, dropping to 214.7440.
This high-to-low spread represents a total annual volatility of 27.1563 AOA. From a start-to-finish perspective, comparing the January average rate of 222.4368 to the December average rate of 225.9150, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 241.9003 was up 2.84% compared to the 2023 peak of 235.2273, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PGK 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 219.7332, compared to 227.9711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2379 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 15.2377 AOA (High: 241.9003 / Low: 226.6626). On the other end, November was the most stable month, with a tight range of 3.2379 AOA (High: 228.5824 / Low: 225.3445).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.7615 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 230.5952) against the same month in 2023 (average: 223.3410), the exchange rate shifted by +7.2542 (+3.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 225.0913 | 218.8704 | 222.4368 |
| February | 223.6400 | 217.5487 | 220.2678 |
| March | 223.0533 | 217.0809 | 219.6751 |
| April | 221.9015 | 215.5444 | 218.6632 |
| May | 219.9255 | 214.7440 | 217.3648 |
| June | 222.8321 | 218.2631 | 219.9914 |
| July | 225.8768 | 222.2687 | 223.5875 |
| August | 237.2457 | 223.0789 | 226.5399 |
| September | 238.8015 | 230.6247 | 234.3556 |
| October | 241.9003 | 226.6626 | 230.5952 |
| November | 228.5824 | 225.3445 | 226.8337 |
| December | 228.6551 | 224.4837 | 225.9150 |