2024 TRY to AOA Historical Review

YEARLY HIGH

28.0830 AOA

YEARLY LOW

25.6125 AOA

YEARLY AVERAGE

26.5121 AOA

2024 TRY to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 28.0830. Conversely, the yearly low was recorded on April 21, dropping to 25.6125.

This high-to-low spread represents a total annual volatility of 2.4705 AOA. From a start-to-finish perspective, comparing the January average rate of 27.5981 to the December average rate of 26.0928, the exchange rate registered a net change of -5.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.0830 was down 12.67% compared to the 2023 peak of 32.1581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,404,149 AOA

2023 Average 1,428,192 AOA

Yearly Trough Low 1,280,623 AOA

Transaction Impact: A difference of 123,526.42 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.7758

25.6434

JanuMarcMayJulySeptNove

TRY 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 26.4604, compared to 26.5638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1033 points.

H1 Avg (Jan–Jun) 26.4604

H2 Avg (Jul–Dec) 26.5638

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.3896 AOA (High: 27.8803 / Low: 26.4907). On the other end, July was the most stable month, with a tight range of 0.3077 AOA (High: 26.6543 / Low: 26.3466).

October Spread (Volatile) ±1.3896

July Spread (Stable) ±0.3077

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9482 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 27.5981) against the same month in 2023 (average: 26.8253), the exchange rate shifted by +0.7728 (+2.88%).

2024 Avg (January) 27.5981

2023 Avg (January) 26.8253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.0830	27.3871	27.5981
February	27.3251	26.5366	26.9755
March	26.5053	25.6805	26.0273
April	26.1850	25.6125	25.8211
May	26.5630	25.7393	26.1238
June	26.5819	25.9343	26.2168
July	26.6543	26.3466	26.4804
August	26.6406	26.1734	26.3921
September	27.5772	26.8355	27.2392
October	27.8803	26.4907	26.7169
November	26.6431	26.2722	26.4612
December	26.3074	25.7877	26.0928