YEARLY HIGH
0.4915 AWG
YEARLY LOW
0.4814 AWG
YEARLY AVERAGE
0.4903 AWG

2023 AED to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.4915. Conversely, the yearly low was recorded on November 21, dropping to 0.4814.

This high-to-low spread represents a total annual volatility of 0.0101 AWG. From a start-to-finish perspective, comparing the January average rate of 0.4904 to the December average rate of 0.4904, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4915 was down 0.02% compared to the 2022 peak of 0.4916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,457 AWG
2022 Average 2,450 AWG
Yearly Trough Low 2,407 AWG
Transaction Impact: A difference of 50.38 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4907
0.4891
JanuMarcMayJulySeptNove

AED to AWG 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 0.4904, compared to 0.4902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4904
H2 Avg (Jul–Dec) 0.4902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0094 AWG (High: 0.4908 / Low: 0.4814). On the other end, August was the most stable month, with a tight range of 0.0007 AWG (High: 0.4907 / Low: 0.4901).

November Spread (Volatile) ±0.0094
August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4903) against the same month in 2022 (average: 0.4901), the exchange rate shifted by +0.0002 (+0.04%).

2023 Avg (March) 0.4903
2022 Avg (March) 0.4901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4908 0.4901 0.4904
February 0.4908 0.4901 0.4903
March 0.4915 0.4901 0.4903
April 0.4909 0.4901 0.4905
May 0.4909 0.4901 0.4905
June 0.4908 0.4900 0.4904
July 0.4908 0.4900 0.4906
August 0.4907 0.4901 0.4904
September 0.4908 0.4894 0.4902
October 0.4907 0.4901 0.4903
November 0.4908 0.4814 0.4892
December 0.4909 0.4901 0.4904