2024 SRD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 31.9114. Conversely, the yearly low was recorded on January 11, dropping to 22.4404.
This high-to-low spread represents a total annual volatility of 9.4710 AOA. From a start-to-finish perspective, comparing the January average rate of 22.6356 to the December average rate of 25.9332, the exchange rate registered a net change of 14.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 31.9114 was up 41.30% compared to the 2023 peak of 22.5842, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD 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 24.4282, compared to 28.5921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1639 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 4.5171 AOA (High: 31.0542 / Low: 26.5371). On the other end, December was the most stable month, with a tight range of 0.3588 AOA (High: 26.1308 / Low: 25.7720).
Growth Streaks & Declines
TrendsBetween 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 3.0597 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 31.2480) against the same month in 2023 (average: 21.6214), the exchange rate shifted by +9.6267 (+44.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.8371 | 22.4404 | 22.6356 |
| February | 23.5322 | 22.6521 | 22.9893 |
| March | 23.9925 | 23.4556 | 23.6848 |
| April | 24.6807 | 23.7781 | 24.1423 |
| May | 26.6478 | 24.7386 | 25.8536 |
| June | 27.8754 | 26.5399 | 27.2638 |
| July | 30.3073 | 27.8980 | 29.3734 |
| August | 31.4601 | 30.3983 | 30.8879 |
| September | 31.9114 | 30.6017 | 31.2480 |
| October | 31.0542 | 26.5371 | 28.1884 |
| November | 26.5225 | 25.6809 | 25.9220 |
| December | 26.1308 | 25.7720 | 25.9332 |