2024 QAR to AOA Historical Review

YEARLY HIGH

262.1085 AOA

YEARLY LOW

225.7297 AOA

YEARLY AVERAGE

239.2591 AOA

2024 QAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 262.1085. Conversely, the yearly low was recorded on February 4, dropping to 225.7297.

This high-to-low spread represents a total annual volatility of 36.3788 AOA. From a start-to-finish perspective, comparing the January average rate of 227.9483 to the December average rate of 250.7164, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 262.1085 was up 14.01% compared to the 2023 peak of 229.9074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,310,542 AOA

2023 Average 942,253 AOA

Yearly Trough Low 1,128,649 AOA

Transaction Impact: A difference of 181,893.80 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

257.4111

225.2699

JanuMarcMayJulySeptNove

QAR 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 230.0774, compared to 248.4408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.3635 points.

H1 Avg (Jan–Jun) 230.0774

H2 Avg (Jul–Dec) 248.4408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 13.3808 AOA (High: 262.1085 / Low: 248.7277). On the other end, November was the most stable month, with a tight range of 1.5205 AOA (High: 250.9434 / Low: 249.4229).

October Spread (Volatile) ±13.3808

November Spread (Stable) ±1.5205

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 3.6098 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -3.6098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 251.1228) against the same month in 2023 (average: 227.2287), the exchange rate shifted by +23.8942 (+10.52%).

2024 Avg (October) 251.1228

2023 Avg (October) 227.2287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	228.6774	226.9671	227.9483
February	228.6774	225.7297	228.0718
March	230.1566	227.0006	229.1260
April	230.2772	228.1794	229.3944
May	235.2053	228.3709	231.3868
June	235.2537	232.9961	234.5368
July	241.1368	236.1722	239.2419
August	250.0268	240.7211	244.4515
September	258.7722	250.3144	254.7327
October	262.1085	248.7277	251.1228
November	250.9434	249.4229	250.3796
December	252.8298	249.8577	250.7164