YEARLY HIGH
0.5447 BBD
YEARLY LOW
0.5445 BBD
YEARLY AVERAGE
0.5445 BBD

2023 AED to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.5447. Conversely, the yearly low was recorded on July 20, dropping to 0.5445.

This high-to-low spread represents a total annual volatility of 0.0002 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5445 to the December average rate of 0.5446, 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 0.5447 was up 0.02% compared to the 2022 peak of 0.5446, 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 2,723 BBD
2022 Average 2,723 BBD
Yearly Trough Low 2,722 BBD
Transaction Impact: A difference of 0.96 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5446
0.5445
JanuMarcMayJulySeptNove

AED to BBD 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 0.5446, compared to 0.5445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5446
H2 Avg (Jul–Dec) 0.5445

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 BBD (High: 0.5447 / Low: 0.5445). On the other end, August was the most stable month, with a tight range of 0.0000 BBD (High: 0.5445 / Low: 0.5445).

May Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.5446) against the same month in 2022 (average: 0.5445), the exchange rate shifted by +0.0001 (+0.02%).

2023 Avg (May) 0.5446
2022 Avg (May) 0.5445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5446 0.5445 0.5445
February 0.5445 0.5445 0.5445
March 0.5446 0.5445 0.5446
April 0.5447 0.5445 0.5446
May 0.5447 0.5445 0.5446
June 0.5445 0.5445 0.5445
July 0.5445 0.5445 0.5445
August 0.5445 0.5445 0.5445
September 0.5445 0.5445 0.5445
October 0.5445 0.5445 0.5445
November 0.5446 0.5445 0.5445
December 0.5446 0.5445 0.5446