2024 SZL to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SZL to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SZL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 55.1193. Conversely, the yearly low was recorded on February 26, dropping to 43.0904.
This high-to-low spread represents a total annual volatility of 12.0289 AOA. From a start-to-finish perspective, comparing the January average rate of 44.2158 to the December average rate of 50.1328, the exchange rate registered a net change of 13.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 55.1193 was up 17.30% compared to the 2023 peak of 46.9918, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SZL 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 44.8090, compared to 50.5131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7041 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 4.1849 AOA (High: 51.4587 / Low: 47.2738). On the other end, March was the most stable month, with a tight range of 1.4179 AOA (High: 44.8634 / Low: 43.4456).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.1709 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 52.1208) against the same month in 2023 (average: 43.4169), the exchange rate shifted by +8.7039 (+20.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.0345 | 43.3885 | 44.2158 |
| February | 44.7581 | 43.0904 | 43.8147 |
| March | 44.8634 | 43.4456 | 44.2884 |
| April | 45.2857 | 43.4920 | 44.3224 |
| May | 46.8983 | 44.8503 | 45.8198 |
| June | 47.7667 | 44.9481 | 46.3927 |
| July | 48.7211 | 46.6199 | 47.8276 |
| August | 51.4587 | 47.2738 | 49.3643 |
| September | 54.8740 | 50.8934 | 52.6832 |
| October | 55.1193 | 51.3909 | 52.1208 |
| November | 52.2986 | 49.9903 | 50.9499 |
| December | 51.6572 | 48.3667 | 50.1328 |