2023 AED to BND Historical Review

YEARLY HIGH

0.3745 BND

YEARLY LOW

0.3556 BND

YEARLY AVERAGE

0.3655 BND

2023 AED to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.3745. Conversely, the yearly low was recorded on February 2, dropping to 0.3556.

This high-to-low spread represents a total annual volatility of 0.0189 BND. From a start-to-finish perspective, comparing the January average rate of 0.3613 to the December average rate of 0.3628, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3745 was down 5.05% compared to the 2022 peak of 0.3944, 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 1,872 BND

2022 Average 1,877 BND

Yearly Trough Low 1,778 BND

Transaction Impact: A difference of 94.25 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3738

0.3601

JanuMarcMayJulySeptNove

AED to BND 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 0.3636, compared to 0.3674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.3636

H2 Avg (Jul–Dec) 0.3674

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0117 BND (High: 0.3673 / Low: 0.3556). On the other end, October was the most stable month, with a tight range of 0.0041 BND (High: 0.3745 / Low: 0.3704).

February Spread (Volatile) ±0.0117

October Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between July and October, 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 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3726) against the same month in 2022 (average: 0.3883), the exchange rate shifted by -0.0157 (-4.03%).

2023 Avg (October) 0.3726

2022 Avg (October) 0.3883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3673	0.3573	0.3613
February	0.3673	0.3556	0.3626
March	0.3687	0.3605	0.3648
April	0.3641	0.3593	0.3622
May	0.3688	0.3607	0.3646
June	0.3697	0.3636	0.3664
July	0.3697	0.3586	0.3633
August	0.3699	0.3631	0.3677
September	0.3736	0.3676	0.3709
October	0.3745	0.3704	0.3726
November	0.3731	0.3626	0.3671
December	0.3660	0.3593	0.3628