YEARLY HIGH
313.3252 AOA
YEARLY LOW
263.9084 AOA
YEARLY AVERAGE
280.1924 AOA

2024 TND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 313.3252. Conversely, the yearly low was recorded on February 19, dropping to 263.9084.

This high-to-low spread represents a total annual volatility of 49.4168 AOA. From a start-to-finish perspective, comparing the January average rate of 267.6231 to the December average rate of 288.3145, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 313.3252 was up 14.85% compared to the 2023 peak of 272.8194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,566,626 AOA
2023 Average 1,105,358 AOA
Yearly Trough Low 1,319,542 AOA
Transaction Impact: A difference of 247,083.85 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

309.2206
261.6943
JanuMarcMayJulySeptNove

TND 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 268.5804, compared to 291.8044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.2240 points.

H1 Avg (Jan–Jun) 268.5804
H2 Avg (Jul–Dec) 291.8044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 20.9096 AOA (High: 313.3252 / Low: 292.4156). On the other end, February was the most stable month, with a tight range of 3.3039 AOA (High: 267.2123 / Low: 263.9084).

October Spread (Volatile) ±20.9096
February Spread (Stable) ±3.3039

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 8.5649 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -8.5649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 296.6951) against the same month in 2023 (average: 260.9139), the exchange rate shifted by +35.7812 (+13.71%).

2024 Avg (October) 296.6951
2023 Avg (October) 260.9139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 270.8221 266.3590 267.6231
February 267.2123 263.9084 265.6548
March 270.3009 265.8502 268.4305
April 268.8051 264.6408 266.4043
May 274.8496 265.7621 269.8632
June 275.9232 271.2948 273.5062
July 283.5378 273.7517 280.0226
August 298.3620 282.4707 289.8202
September 310.3830 298.8530 305.2600
October 313.3252 292.4156 296.6951
November 294.7282 287.0069 290.7139
December 290.9385 285.4432 288.3145