2024 SBD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 115.1031. Conversely, the yearly low was recorded on March 12, dropping to 95.3315.
This high-to-low spread represents a total annual volatility of 19.7716 AOA. From a start-to-finish perspective, comparing the January average rate of 98.6212 to the December average rate of 108.9969, the exchange rate registered a net change of 10.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 115.1031 was up 16.09% compared to the 2023 peak of 99.1466, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SBD 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 99.0655, compared to 107.9367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.8712 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 6.2486 AOA (High: 115.1031 / Low: 108.8546). On the other end, June was the most stable month, with a tight range of 0.8217 AOA (High: 101.3954 / Low: 100.5737).
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 October and November, when the average rate fell by 1.0995 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 110.1883) against the same month in 2023 (average: 98.1600), the exchange rate shifted by +12.0284 (+12.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.4994 | 98.0310 | 98.6212 |
| February | 98.9923 | 97.5772 | 98.3080 |
| March | 99.3580 | 95.3315 | 98.5643 |
| April | 99.1686 | 97.6810 | 98.5504 |
| May | 100.8884 | 98.2613 | 99.3490 |
| June | 101.3954 | 100.5737 | 101.0003 |
| July | 104.4059 | 101.9422 | 103.1750 |
| August | 107.8675 | 103.1565 | 104.9049 |
| September | 113.6416 | 107.6399 | 111.2662 |
| October | 115.1031 | 108.8546 | 110.1883 |
| November | 109.8101 | 108.5719 | 109.0888 |
| December | 109.6350 | 108.7843 | 108.9969 |