2024 SGD to AOA Historical Review

YEARLY HIGH

739.9425 AOA

YEARLY LOW

611.2436 AOA

YEARLY AVERAGE

652.5435 AOA

2024 SGD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 739.9425. Conversely, the yearly low was recorded on April 30, dropping to 611.2436.

This high-to-low spread represents a total annual volatility of 128.6989 AOA. From a start-to-finish perspective, comparing the January average rate of 621.6762 to the December average rate of 676.0103, the exchange rate registered a net change of 8.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 739.9425 was up 17.33% compared to the 2023 peak of 630.6409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,699,712 AOA

2023 Average 2,553,195 AOA

Yearly Trough Low 3,056,218 AOA

Transaction Impact: A difference of 643,494.55 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

726.3311

605.5496

JanuMarcMayJulySeptNove

SGD 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 622.1902, compared to 682.8968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 60.7066 points.

H1 Avg (Jan–Jun) 622.1902

H2 Avg (Jul–Dec) 682.8968

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 53.0212 AOA (High: 739.9425 / Low: 686.9213). On the other end, February was the most stable month, with a tight range of 7.2497 AOA (High: 622.4284 / Low: 615.1786).

October Spread (Volatile) ±53.0212

February Spread (Stable) ±7.2497

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 17.7980 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -17.7980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 698.4680) against the same month in 2023 (average: 604.7170), the exchange rate shifted by +93.7510 (+15.50%).

2024 Avg (October) 698.4680

2023 Avg (October) 604.7170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	628.7488	617.3478	621.6762
February	622.4284	615.1786	617.8073
March	627.5368	616.7108	622.0800
April	621.8924	611.2436	615.6147
May	633.2425	614.8357	624.0724
June	635.8420	628.5442	631.8906
July	657.3160	633.6111	647.8209
August	696.5539	656.5616	676.2503
September	735.9457	697.9705	716.2660
October	739.9425	686.9213	698.4680
November	693.7886	676.9000	682.5653
December	682.4573	667.2212	676.0103