YEARLY HIGH
29.2854 AOA
YEARLY LOW
22.4339 AOA
YEARLY AVERAGE
24.7789 AOA

2024 THB to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 29.2854. Conversely, the yearly low was recorded on April 30, dropping to 22.4339.

This high-to-low spread represents a total annual volatility of 6.8515 AOA. From a start-to-finish perspective, comparing the January average rate of 23.6141 to the December average rate of 26.7413, the exchange rate registered a net change of 13.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.2854 was up 20.62% compared to the 2023 peak of 24.2782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 7,321,339 AOA
2023 Average 4,918,559 AOA
Yearly Trough Low 5,608,468 AOA
Transaction Impact: A difference of 1,712,870.86 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.4236
22.2149
JanuMarcMayJulySeptNove

THB 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 23.1773, compared to 26.3804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2030 points.

H1 Avg (Jan–Jun) 23.1773
H2 Avg (Jul–Dec) 26.3804

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 2.4103 AOA (High: 29.1034 / Low: 26.6930). On the other end, June was the most stable month, with a tight range of 0.3281 AOA (High: 23.4663 / Low: 23.1382).

September Spread (Volatile) ±2.4103
June Spread (Stable) ±0.3281

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 October and November, when the average rate fell by 0.9205 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 27.4257) against the same month in 2023 (average: 22.6895), the exchange rate shifted by +4.7362 (+20.87%).

2024 Avg (October) 27.4257
2023 Avg (October) 22.6895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.2637 23.2233 23.6141
February 23.5531 22.9335 23.1842
March 23.6338 22.8860 23.2184
April 23.0353 22.4339 22.7323
May 23.5229 22.6203 23.0315
June 23.4663 23.1382 23.2836
July 24.7423 23.3791 24.0647
August 26.7176 24.6566 25.6392
September 29.1034 26.6930 27.9062
October 29.2854 26.9193 27.4257
November 27.1720 26.0955 26.5052
December 27.0576 26.4465 26.7413