YEARLY HIGH
0.4911 AWG
YEARLY LOW
0.4880 AWG
YEARLY AVERAGE
0.4903 AWG

2024 AED to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.4911. Conversely, the yearly low was recorded on November 5, dropping to 0.4880.

This high-to-low spread represents a total annual volatility of 0.0031 AWG. From a start-to-finish perspective, comparing the January average rate of 0.4904 to the December average rate of 0.4901, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4911 was down 0.07% compared to the 2023 peak of 0.4915, 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 2,455 AWG
2023 Average 2,452 AWG
Yearly Trough Low 2,440 AWG
Transaction Impact: A difference of 15.39 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4906
0.4901
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 0.4903 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) 0.4903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0027 AWG (High: 0.4908 / Low: 0.4880). On the other end, July was the most stable month, with a tight range of 0.0007 AWG (High: 0.4907 / Low: 0.4901).

November Spread (Volatile) ±0.0027
July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4904) against the same month in 2023 (average: 0.4904), the exchange rate shifted by +0.0001 (+0.01%).

2024 Avg (January) 0.4904
2023 Avg (January) 0.4904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4911 0.4901 0.4904
February 0.4908 0.4901 0.4904
March 0.4908 0.4901 0.4905
April 0.4908 0.4901 0.4904
May 0.4908 0.4901 0.4904
June 0.4908 0.4901 0.4904
July 0.4907 0.4901 0.4903
August 0.4908 0.4901 0.4903
September 0.4907 0.4901 0.4904
October 0.4907 0.4901 0.4903
November 0.4908 0.4880 0.4902
December 0.4907 0.4901 0.4901