YEARLY HIGH
0.5137 BGN
YEARLY LOW
0.4754 BGN
YEARLY AVERAGE
0.4922 BGN

2024 AED to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5137. Conversely, the yearly low was recorded on August 25, dropping to 0.4754.

This high-to-low spread represents a total annual volatility of 0.0383 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4882 to the December average rate of 0.5084, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5137 was up 0.96% compared to the 2023 peak of 0.5088, 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 2,569 BGN
2023 Average 2,461 BGN
Yearly Trough Low 2,377 BGN
Transaction Impact: A difference of 191.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5113
0.4764
JanuMarcMayJulySeptNove

AED to BGN 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 0.4925, compared to 0.4919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4925
H2 Avg (Jul–Dec) 0.4919

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0238 BGN (High: 0.5112 / Low: 0.4874). On the other end, February was the most stable month, with a tight range of 0.0071 BGN (High: 0.4968 / Low: 0.4897).

November Spread (Volatile) ±0.0238
February Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5084) against the same month in 2023 (average: 0.4877), the exchange rate shifted by +0.0207 (+4.24%).

2024 Avg (December) 0.5084
2023 Avg (December) 0.4877

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4919 0.4824 0.4882
February 0.4968 0.4897 0.4934
March 0.4937 0.4864 0.4899
April 0.5013 0.4899 0.4966
May 0.4991 0.4889 0.4925
June 0.4985 0.4885 0.4948
July 0.4959 0.4872 0.4907
August 0.4935 0.4754 0.4831
September 0.4836 0.4762 0.4793
October 0.4941 0.4811 0.4887
November 0.5112 0.4874 0.5011
December 0.5137 0.5030 0.5084