2024 RON to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 211.9673. Conversely, the yearly low was recorded on April 15, dropping to 178.1205.
This high-to-low spread represents a total annual volatility of 33.8468 AOA. From a start-to-finish perspective, comparing the January average rate of 182.1108 to the December average rate of 192.2586, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 211.9673 was up 12.83% compared to the 2023 peak of 187.8647, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON 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 182.1546, compared to 196.9869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.8323 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 14.6649 AOA (High: 211.9673 / Low: 197.3024). On the other end, February was the most stable month, with a tight range of 2.8488 AOA (High: 181.9812 / Low: 179.1324).
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 6.7417 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 200.4759) against the same month in 2023 (average: 176.0708), the exchange rate shifted by +24.4051 (+13.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 184.2183 | 180.5728 | 182.1108 |
| February | 181.9812 | 179.1324 | 180.3048 |
| March | 184.2379 | 180.8763 | 182.4286 |
| April | 183.2255 | 178.1205 | 180.1080 |
| May | 186.5850 | 180.1520 | 183.1873 |
| June | 187.5315 | 183.3547 | 184.7880 |
| July | 192.6379 | 185.6046 | 190.2531 |
| August | 203.5599 | 190.2881 | 197.0139 |
| September | 211.5111 | 202.9429 | 207.2177 |
| October | 211.9673 | 197.3024 | 200.4759 |
| November | 200.2968 | 190.8903 | 194.7020 |
| December | 194.2707 | 189.7349 | 192.2586 |