2024 RWF to AOA Historical Review

YEARLY HIGH

0.7148 AOA

YEARLY LOW

0.6421 AOA

YEARLY AVERAGE

0.6613 AOA

2024 RWF to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.7148. Conversely, the yearly low was recorded on May 12, dropping to 0.6421.

This high-to-low spread represents a total annual volatility of 0.0727 AOA. From a start-to-finish perspective, comparing the January average rate of 0.6536 to the December average rate of 0.6602, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7148 was down 0.11% compared to the 2023 peak of 0.7156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,574 AOA

2023 Average 2,940 AOA

Yearly Trough Low 3,211 AOA

Transaction Impact: A difference of 363.55 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6953

0.6436

JanuMarcMayJulySeptNove

RWF 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 0.6510, compared to 0.6716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.6510

H2 Avg (Jul–Dec) 0.6716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0494 AOA (High: 0.7148 / Low: 0.6654). On the other end, April was the most stable month, with a tight range of 0.0080 AOA (High: 0.6526 / Low: 0.6446).

October Spread (Volatile) ±0.0494

April Spread (Stable) ±0.0080

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 September and October, when the average rate fell by 0.0145 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.6765) against the same month in 2023 (average: 0.6774), the exchange rate shifted by -0.0009 (-0.14%).

2024 Avg (October) 0.6765

2023 Avg (October) 0.6774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6594	0.6457	0.6536
February	0.6554	0.6439	0.6515
March	0.6563	0.6465	0.6500
April	0.6526	0.6446	0.6479
May	0.6583	0.6421	0.6495
June	0.6601	0.6464	0.6533
July	0.6702	0.6539	0.6639
August	0.6887	0.6607	0.6719
September	0.7054	0.6802	0.6910
October	0.7148	0.6654	0.6765
November	0.6711	0.6608	0.6661
December	0.6766	0.6542	0.6602